M&A Deal Summary

HealthMarkets Acquires Benefitter Insurance Solutions

On August 11, 2015, HealthMarkets acquired information technology company Benefitter Insurance Solutions

Acquisition Highlights
  • This is HealthMarkets’ 1st transaction in the Information Technology sector.
  • This is HealthMarkets’ 2nd transaction in the United States.
  • This is HealthMarkets’ 1st transaction in California.

M&A Deal Summary

Date 2015-08-11
Target Benefitter Insurance Solutions
Sector Information Technology
Buyer(s) HealthMarkets
Deal Type Add-on Acquisition

Target

Benefitter Insurance Solutions

San Francisco, California, United States
Benefitter Insurance Solutions, Inc. is a technology company providing employee benefit decision support tools to small businesses and their employees.

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Buyer(S) 1

Buyer

HealthMarkets

North Richland Hills, Texas, United States

Category Company
Founded 1983
Sector Insurance
Employees700
DESCRIPTION

HealthMarkets is an independent field marketing organization (“FMO”) for health insurance and supplemental products. HealthMarkets was founded in 1983 and is based in North Richland Hills, Texas.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-31 HealthMarkets Insurance Co.

Oklahoma City, Oklahoma, United States

HealthMarkets Insurance Co. is a provider of life insurance products and services.

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