benefitexpress Acquires Transcend Technologies Group

On August 4, 2016, benefitexpress acquired internet software and services company Transcend Technologies Group

This is benefitexpress’ 1st transaction in the Internet Software and Services sector.
This is benefitexpress’ 1st transaction in the United States.
This is benefitexpress’ 1st transaction in California.

M&A Deal Summary
Date	2016-08-04
Target	Transcend Technologies Group
Sector	Internet Software and Services
Buyer(s)	benefitexpress
Deal Type	Add-on Acquisition

Elk Grove, California, United States

Transcend Technologies Group, Inc. (dba benefitsCONNECT) is an administration and online enrollment solution provider.

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Schaumburg, Illinois, United States

Category	Company
Sector	Internet Software and Services

benefitexpress is a cloud-based platform for employee benefits and health exchange services. benefitexpress is based in Schaumburg, Illinois.

DEAL STATS	#
Overall	1 of 1
Sector: Internet Software and Services M&A	1 of 1
Type: Add-on Acquisition M&A Deals	1 of 1
State: California M&A	1 of 1
Country: United States M&A	1 of 1
Year: 2016 M&A	1 of 1