Announced
Financials
Tags
Single Bidder
Private Equity
United States
benefits administration
Acquisition
Pending
Friendly
Customer Relationship Management
Domestic
Majority
Private
Synopsis
Millennium Trust-backed Benefit Resource, a provider of consumer directed health plans and employee benefits, agreed to acquire Pro-Flex, a full-service benefits administration company. Financial terms were not disclosed. “Adding an exceptional business like Pro-Flex advances us toward our collective goal to provide benefit solutions that strengthen and simplify the health and wealth journey – relentlessly pursuing better outcomes for all. Pro-Flex also brings expertise in the public sector, including health and welfare solutions within organized labor sectors,” Jason Hall, Benefit Resource CEO.
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