NexPhase Capital Capital-backed Selerix completed the acquisition of Steele Benefits.

NexPhase Capital Capital-backed Selerix, a provider of cloud-based benefits administration, compliance and communications solutions, completed the acquisition of Steele Benefits, a benefits engagement, enrollment, and administration company. Financial terms were not disclosed. “We’re excited to welcome Steele Benefits into the Selerix team. Steele’s reputation for service and integrity fits perfectly with our mission to deliver benefits that benefit people’s lives. By bringing our teams together, we’re strengthening a culture built on care, innovation, follow-through, and giving our clients and their employees the clarity and confidence they deserve. And this just the start — together, we’re committed to making the benefits experience better, simpler, and even more human than ever before," Tim Pratte, Selerix CEO.