M&A Deal Summary

PlanSource Acquires Next Generation Enrollment

On January 20, 2017, PlanSource acquired business services company Next Generation Enrollment

Acquisition Highlights
  • This is PlanSource’s 1st transaction in the Business Services sector.
  • This is PlanSource’s 2nd transaction in the United States.
  • This is PlanSource’s 1st transaction in Michigan.

M&A Deal Summary

Date 2017-01-20
Target Next Generation Enrollment
Sector Business Services
Buyer(s) PlanSource
Deal Type Add-on Acquisition

Target

Next Generation Enrollment

Ada, Michigan, United States
Next Generation Enrollment, Inc. is a provider of benefits administration services.

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Buyer(S) 1

Buyer

PlanSource

Orlando, Florida, United States

Category Company
Founded 2008
Sector Internet Software and Services
DESCRIPTION

PlanSource is a technology company that automates and simplifies every aspect of employee benefit programs, so employees and HR teams can make smarter, more confident benefits decisions. More than 5 million consumers receive their benefits through the PlanSource platform, which provides the best experience possible for benefits communications, shopping, enrollment, billing, compliance and ongoing administration. PlanSource was founded in 2008 and is based in Orlando, Florida.


DEAL STATS #
Overall 2 of 2
Sector: Business Services 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: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-18 ClearBenefits

Santa Clara, California, United States

ClearBenefits, Inc. is a cloud-based benefits administration software platform. It takes the complex and makes it simple. Our platform gives employers access to a reliable central source of employee benefits data, events and activities to manage, communicate, and administer their entire employee benefits program.

Buy -