M&A Deal Summary

Hodges-Mace Benefits Group Acquires SmartBen

On October 16, 2014, Hodges-Mace Benefits Group acquired internet software and services company SmartBen

Acquisition Highlights
  • This is Hodges-Mace Benefits Group’s 1st transaction in the Internet Software and Services sector.
  • This is Hodges-Mace Benefits Group’s 1st transaction in the United States.
  • This is Hodges-Mace Benefits Group’s 1st transaction in Georgia.

M&A Deal Summary

Date 2014-10-16
Target SmartBen
Sector Internet Software and Services
Buyer(s) Hodges-Mace Benefits Group
Deal Type Add-on Acquisition

Target

SmartBen

Conyers, Georgia, United States
website
SmartBen, Inc. offers cloud-based software tools.

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Buyer(S) 1

Buyer

Hodges-Mace Benefits Group

Atlanta, Georgia, United States

website


Category Company
Founded 2004
Sector Internet Software and Services
DESCRIPTION

Hodges-Mace Benefits Group, Inc. is a provider of employee benefits enrollment and administration services to large corporate clients. Hodges-Mace empowers employees and employers to make smarter benefit decisions through a combination of innovative technologies and proven employee education and enrollment services. Hodges-Mace Benefits Group, Inc. was founded in 2004 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Georgia) 1 of 2
Country (United States) 1 of 2
Year (2014) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-28 ContinuousHealth

Roswell, Georgia, United States

ContinuousHealth designs, builds and implements software that simplifies and improves employee benefits administration and enrollment processes for employers, employees, insurance carriers and healthcare consultants.

Buy -