Add-on Acquisition • Information Technology

Clever Health Acquires Benjamin

On April 11, 2022, Clever Health acquired information technology company Benjamin

Acquisition Context

This is Clever Health’s 1st transaction in the Information Technology sector.
This is Clever Health’s 1st transaction in the United States.
This is Clever Health’s 1st transaction in Iowa.

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M&A Deal Summary
Date	April 11, 2022
Target	Benjamin
Sector	Information Technology
Buyer(s)	Clever Health
Deal Type	Add-on Acquisition

Target Company

Benjamin

West Des Moines, Iowa, United States

Benjamin is a veteran of data-driven engagement technology. Benjamin participated in the Global Insurance Accelerator, Gener8tor, Expert Dojo, and StartUp Health accelerators. Clients include regional health plans, brokers, and employers. Benjamin was launched in 2017 and is based in West Des Moines, Iowa.

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Buyer Overview 1

Buyer

Clever Health

Scottsdale, Arizona, United States

Category	Company
Sector	Internet Software and Services

DESCRIPTION

Clever Health is a provider of smart virtual care, concierge medical providers, integrated prescription savings, and mental health support that are faster, better, and more affordable. The app is available for download in the Apple Store and Google Play. Clever Health is based in Scottsdale, Arizona.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
State: Iowa	1 of 1
Country: United States	1 of 1
Year: 2022	1 of 1

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