Announced

Completed

Abry and Parthenon-backed Millennium Trust completed the acquisition of CIP Capital-backed Benefit Resource.

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.

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US