HealthEquity - M&A Summary and Business Overview

Information TechnologyCompany

HealthEquity M&A Summary

HealthEquity has acquired 2 companies, including 2 in the last 5 years.

HealthEquity’s largest acquisition to date was in 2019, when it acquired WageWorks for $2.0B. HealthEquity has acquired in 2 different US states. The Company’s most targeted sectors include business services (100%).

HealthEquity Business Overview

Where is HealthEquity headquartered?

HealthEquity is headquartered in Draper, Utah.

What is HealthEquity’s revenue?

HealthEquity disclosed revenue of 757M USD for 2022 and 734M USD for 2021.

How many employees does HealthEquity have?

HealthEquity has 3,001 employees.

What sector is HealthEquity in?

HealthEquity is an information technology company.

When was HealthEquity founded?

HealthEquity was founded in 2002.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1
  • M&A Advisors 1

HealthEquity

HealthEquity, Inc.

15 West Scenic Pointe Drive, Suite 100,
Draper, Utah 84020
United States,
(801) 727-1000
www.healthequity.com

HealthEquity is a consumer-focused health care services company that enables health insurers, benefits administrators, employers, and financial institutions to provide employees and consumers with a personal savings and payment account integrated into their health plan’s claims platform. Additionally, HealthEquity provides 24/7 personal advisory services to help consumers better save and spend their health care dollars. HealthEquity was founded in 2002 and is based in Draper, Utah.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 1 - 1 - - - 2
vol $2.0B $500M $2.5B
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
MII Life Insurance, Inc. 2021-04-08 500M USD Divestiture
Eagan, Minnesota · www.hellofurther.com
WageWorks, Inc. 2019-04-30 2.0B USD Add-on Acquisition
San Mateo, California · www.wageworks.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 2 (100%) 2.5B (100%) - -
Total 2 $2.5B - -

By Geo

State/Country Buy Value Sell Value
United States 2 2.5B - -
  Minnesota 1 500M - -
  California 1 2.0B - -
Total 2 $2.5B - -

Top M&A Advisors

Legal Deals
Willkie Farr & Gallagher
1

Deal Values

buy # Total
> $1B 1 $2.0B
$100M to $1B 1 $500M
TOTAL $2.5B
Largest WageWorks, Inc.
$2.0B (2019-04-30)

M&A Connections

Deals
Acquired from
Strategic(s)
50%
1 (50%)

 Subscribe to unlock this and 204,239
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 196K M&A Transactions
  • 200K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 77K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.