M&A Deal Summary

Alight Solutions Acquires ConsumerMedical

On August 26, 2021, Alight Solutions acquired business services company ConsumerMedical

Acquisition Highlights
  • This is Alight Solutions’ 2nd transaction in the Business Services sector.
  • This is Alight Solutions’ 4th transaction in the United States.
  • This is Alight Solutions’ 2nd transaction in Massachusetts.

M&A Deal Summary

Date 2021-08-26
Target ConsumerMedical
Sector Business Services
Buyer(s) Alight Solutions
Deal Type Add-on Acquisition
Advisor(s) Triple Tree (Financial)

Target

ConsumerMedical

Norwell, Massachusetts, United States
ConsumerMedical is clinical advocacy, decision support, and expert second opinion company serving over four million individuals through employers, health plans, and private exchanges. ConsumerMedical is based in Norwell, Massachusetts.

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Buyer(S) 1

Buyer

Alight Solutions

Chicago, Illinois, United States

Category Company
Sector Information Technology
Employees9,500
Revenue 2.3B USD (2024)
DESCRIPTION

Alight Solutions is a provider of outsourced benefits administration and human capital technology. The Company helps drive better health and financial outcomes for employers, employees and plan participants by leveraging proprietary technology, deep domain expertise and global delivery capabilities. Alight Solutions is based in Chicago, Illinois.


DEAL STATS #
Overall 6 of 7
Sector: Business Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
State: Massachusetts M&A 2 of 2
Country: United States M&A 4 of 5
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-03 Aon Retiree Health Exchange

Chicago, Illinois, United States

Aon Retiree Health Exchange is an individual market solution that better supports employers and their retirees. It was the first retiree exchange to meet the National Council on Aging (NCOA) standards and continues to meet or exceed those rigorous standards of excellence in consumer education and health insurance brokerage services for people with Medicare.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-06 Reed Group

Westminster, Colorado, United States

Reed Group is a provider of absence management services that help employers comply with federal and state regulation and get employees back to work quickly and safely. Reed Group has been a trusted partner to employers, insurers, TPAs, government organizations, attorneys, and healthcare providers. Reed Group was formed in 1860 and is based in Westminster, Colorado.

Buy -