M&A Deal Summary |
|
|---|---|
| Date | 2024-11-25 |
| Target | SyncStream |
| Sector | Information Technology |
| Buyer(s) | Selerix Systems |
| Deal Type | Add-on Acquisition |
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Selerix Systems provides highly configurable software that facilitates benefits administration (Selerix BenSelect), employee engagement (Selerix Engage), and ACA reporting (Selerix ACA). With an active user base of over 8.3 million client employees, Selerix is trusted by more than 18,000 employer groups to manage the complexities of end-to-end benefits administration. Selerix's software is used by an expansive network of leading brokerage firms and insurance companies and is widely recognized for its scalability, flexibility, and integration capabilities that support the enrollment and administration of over $3 billion in voluntary benefits and over $11 billion in medical, dental and vision benefits annually. Selerix Systems was founded in 2002 and is based in McKinney, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 3 |
| Sector: Information Technology M&A | 1 of 2 |
| Type: Add-on Acquisition M&A Deals | 1 of 3 |
| State: Louisiana M&A | 1 of 1 |
| Country: United States M&A | 1 of 3 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-02-06 |
The Benefits eXpert®
Plano, Texas, United States TBX is an employee benefits technology company that offers an engagement, education, and administrative platform. TBX® combines behavioral science-based educational videos, a data-driven decision support tool, and bilingual English-Spanish capabilities to deliver clarity and accessibility for all. TBX was founded in 2013 and is based in Plano, Texas. |
Buy | - |