M&A Deal Summary

Definiti Acquires Advantage Benefits

On September 8, 2022, Definiti acquired business services company Advantage Benefits

Acquisition Highlights
  • This is Definiti’s 5th transaction in the Business Services sector.
  • This is Definiti’s 6th transaction in the United States.
  • This is Definiti’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2022-09-08
Target Advantage Benefits
Sector Business Services
Buyer(s) Definiti
Deal Type Add-on Acquisition

Target

Advantage Benefits

Stamford, Connecticut, United States
website
Advantage Benefits provided design, actuarial, and third-party administration services for IRS-qualified retirement plans. Advantage Benefits was founded in 1989 and is based in Stamford, Connecticut.

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Buyer(S) 1

Buyer

Definiti

Houston, Texas, United States

website

Category Company
Sector Business Services
DESCRIPTION

Definiti is a provider of retirement services that help companies and their employees maximize their savings. Definiti helps organizations deliver smart retirement solutions to their employees. With hundreds of experts across the country, including in-house actuarial consultants, ERISA attorneys, document specialists and retirement plan consultants, Definiti helps clients redefine what’s possible with workplace retirement plans. Definiti is based in Houston, Texas.

DEAL STATS #
Overall 6 of 6
Sector (Business Services) 5 of 5
Type (Add-on Acquisition) 6 of 6
State (Connecticut) 1 of 1
Country (United States) 6 of 6
Year (2022) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-08 Kenneth D. Anderson

Concord, Massachusetts, United States

Kenneth D. Anderson is a pension consulting and third-party administration firm that provides actuarial, administrative, and consulting services to clients sponsoring or planning to establish, qualified retirement plans. Kenneth D. Anderson was founded in 1979 and is based in Concord, Massachusetts.

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