Announced
Completed
Synopsis
Abry Partners and Parthenon Capital Partners-backed Millennium Trust, a provider of health, wealth, retirement, and benefits solutions, completed the acquisition of CIP Capital-backed Benefit Resource, a provider of FSAs, HRAs, HSAs, commuter plans, and COBRA administration services. Financial terms were not disclosed. "Our strategy is building a unified and interconnected range of services and solutions that take a holistic approach to financial wellness. BRI brings strong relationships, expanded offerings, and most importantly, a forward-thinking and client-focused team. Together we will create a best-in-class solution for our clients and the consultant and broker community as a health and benefits category leader," Dan Laszlo, Millennium Trust CEO.
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