NexPhase Capital-backed Selerix completed the acquisition of The Benefits eXpert.

NexPhase Capital-backed Selerix, a provider of cloud-based benefits administration and communications solutions, completed the acquisition of The Benefits eXpert, an employee benefits technology company that offers an engagement, education, and administrative platform. Financial terms were not disclosed. "As the market's demand for innovative, tech-driven self-service models continues to grow, there has never been a better time to create a unified platform that bridges the gap between benefits and education. Employees want a personalized, seamless, and user-friendly experience that empowers them to engage with and truly understand their benefits. With the addition of TBX®, we are uniquely positioned to meet this demand and deliver smarter, more efficient solutions that drive lasting value," Tim Pratte, Selerix CEO.