Add-on Acquisition • Business Services

Progyny Acquires BenefitBump

On January 28, 2025, Progyny acquired business services company BenefitBump

Acquisition Context
  • This is Progyny’s 1st transaction in the Business Services sector.
  • This is Progyny’s 1st transaction in the United States.
  • This is Progyny’s 1st transaction in Missouri.

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M&A Deal Summary

Date January 28, 2025
Target BenefitBump
Sector Business Services
Buyer(s) Progyny
Deal Type Add-on Acquisition

Target Company

BenefitBump

St. Louis, Missouri, United States
BenefitBump serves as a hub connecting employees to all benefit plans, leave (including state-paid leave), programs, resources, and worksite supports as they grow their families. The company guides growing families through their pregnancy, fertility, surrogacy, or adoption journeys when things go as planned and even when they don't. Its program is offered to employers of all sizes, delivering value to clients in many ways. BenefitBump is based in St. Louis, Missouri.
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Buyer Overview 1

Buyer

Progyny

New York, New York, United States

Category Company
Founded 2008
Sector Healthcare Services
Employees563
Revenue 1.2B USD (2024)
DESCRIPTION

Progyny provides fertility patients with access to high-quality doctors who offer transparent pricing options, clinical expertise, and proprietary clinical solutions. Progyny was incorporated in 2008 and is headquartered in New York, New York.


Deal Context for Buyer #
Overall 2 of 2
Sector: Business Services 1 of 1
Type: Add-on Acquisition 2 of 2
State: Missouri 1 of 1
Country: United States 1 of 1
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-24 Apryl

Berlin, Germany

Apryl is a fertility benefits platform that helps employers attract & retain talent while tackling diversity & inclusion. It helps companies support their employees with fertility and family planning benefits including consultation, access to clinics, and treatments (i.e. egg freezing or IVF) or adoption subsidized by the company, but safe and confidential. Apryl was formed in 2019 and is based in Berlin, Germany.

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