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  6. Empyrean Benefit Solutions Acquires Enspire

M&A Deal Summary

Empyrean Benefit Solutions Acquires Enspire

On February 20, 2023, Empyrean Benefit Solutions acquired internet software and services company Enspire

Acquisition Highlights
  • This is Empyrean Benefit Solutions’ 2nd transaction in the Internet Software and Services sector.
  • This is Empyrean Benefit Solutions’ 2nd transaction in the United States.
  • This is Empyrean Benefit Solutions’ 1st transaction in Texas.

M&A Deal Summary
Date 2023-02-20
Target Enspire
Sector Internet Software and Services
Buyer(s) Empyrean Benefit Solutions
Deal Type Add-on Acquisition

Target

Enspire

Austin, Texas, United States
Enspire is an employee communication and engagement platform that integrates all employee communication into one app custom built to reconnect your employee experiences with your brand. Enspire provides a digital communication platform, team of digital strategy experts, and an analytics engine for engagement intelligence proven to advance employee engagement, productivity, and retention. Enspire was founded in 2015 and is based in Austin, Texas.

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Buyer(S) 1

Buyer

Empyrean Benefit Solutions

Houston, Texas, United States
Category Company
Founded 2006
Sector Information Technology
DESCRIPTION

Empyrean Benefit Solutions, Inc. is a provider of technology and services for managing large and middle-market employers’ health and benefits programs. Empyrean provides enrollment, eligibility management, and a range of other plan administration services to three distinct markets: employers, insurance brokers, and healthcare exchanges. Empyrean Benefit Solutions was founded in 2006 and is based in Houston, Texas.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-30 Bloom Health

Minneapolis, Minnesota, United States

Bloom Health Corp. is a provider of digital benefit delivery solutions. Bloom Health delivers secure cloud-based solution and personalized support through health plan, employer and agency partners across the United States.

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