Rubicon Technology Partners completed the acquisition of a majority stake in Vimly Benefit Solutions.

Rubicon Technology Partners, a private equity firm that invests in software and technology-enabled services companies, completed the acquisition of a majority stake in Vimly Benefit Solutions, a technology-based benefits administration company. Financial terms were not disclosed. “I am thrilled to have found the right partner in Rubicon to take Vimly to the next level in our growth and technology strategy. We stand at a significant crossroads today to celebrate our past and boldly step into the next phase of innovation and growth for Vimly. As we continue to enhance our platform, SIMON®, and expand our offerings, our focus remains steadfast on delivering unparalleled value to our clients and business partners. I am thrilled that we have found a like-minded partner in Rubicon who sees the incredible value Vimly delivers today, and the immense opportunity that lies ahead,” Shannon Jurdana, Vimly CEO.