M&A Deal Summary

Maestro Health Acquires Group Associates

On June 30, 2015, Maestro Health acquired insurance company Group Associates

Acquisition Highlights
  • This is Maestro Health’s 1st transaction in the Insurance sector.
  • This is Maestro Health’s 2nd transaction in the United States.
  • This is Maestro Health’s 1st transaction in Michigan.

M&A Deal Summary

Date 2015-06-30
Target Group Associates
Sector Insurance
Buyer(s) Maestro Health
Deal Type Add-on Acquisition

Target

Group Associates

Bingham Farms, Michigan, United States
Group Associates, Inc. is a provider of benefits administration insurance services for employers in US.

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Buyer(S) 1

Buyer

Maestro Health

Highland Park, Illinois, United States

Category Company
Founded 2013
Sector Information Technology
Employees300
DESCRIPTION

Maestro Health is a provider of digital integrated platform encompassing a full set of health benefit administration services and third-party administrator services for self-insured companies, including care coordination solutions for employees, enabling companies to be more effective in lowering healthcare costs and empowering employees to make better health-related choices. Maestro Health was founded in 2013 and is based in Highland Park, Illinois.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Michigan 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
2014-09-23 Workable Solutions

Orlando, Florida, United States

Workable Solutions LLC is a full-service third party benefits administrator. Workable provides everything from traditional benefits outsourcing to COBRA administration and consumer-driven plans. Workable Solutions LLC was established in 1997 and is based in Orlando, Florida.

Buy -