MBI Benefits - Ownership and Business Overview

Information TechnologyCompany

MBI Benefits Ownership

Who owns MBI Benefits?

MBI Benefits is owned by Metavante. It was acquired on May 10, 2005.

MBI Benefits Business Overview

Where is MBI Benefits headquartered?

MBI Benefits is headquartered in Waltham, Massachusetts.

What sector is MBI Benefits in?

MBI Benefits is an information technology company.

When was MBI Benefits founded?

MBI Benefits was founded in 1995.

Information Technology M&A Summary in 2005

Out of 60 sectors in the Mergr database, information technology ranked 3 in number of deals in 2005. The largest information technology acquisition in 2005 was Amadeus IT Group SA - which was acquired by Cinven for $4.9B.

Join Mergr to view all 151 acquisitions of information technology companies in 2005, including 42 acquisitions by private equity firms, and 109 by strategics.

MBI Benefits, Inc.

1601 Trapelo Road South Building, Second Floor,
Waltham, Massachusetts 02451
United States,
(781) 895-4900
www.mbibenefits.com

MBI Benefits, Inc. is a provider of electronic payment services for employee benefit and consumer-directed health care (CDHC) accounts. MBI Benefits Card allows employees to pay for eligible expenses at pharmacies, physician offices, vision service facilities and other healthcare businesses using funds from Flexible Spending Accounts, Health Savings Accounts and Health Reimbursement Arrangements (HRAs).


Company Summary

SECTOR

Information Technology

Established

1995

Former Name

Med-i-Bank, Inc.

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