M&A Deal Summary |
|
|---|---|
| Date | 2016-11-01 |
| Target | Automatic Data Processing - CHSA and COBRA Businesses |
| Sector | Business Services |
| Buyer(s) | WageWorks |
| Sellers(s) | ADP |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2000 |
| Sector | Business Services |
| Employees | 1,921 |
| Revenue | 476M USD (2017) |
WageWorks is a provider of consumer-driven tax-advantaged spending accounts for health and dependent care and commuting. Products include flexible spending (FSA), health reimbursement (HRA), health savings (HSA), COBRA and commuter accounts. WageWorks, Inc. was formed in 2000 and is based in San Mateo, California.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 11 |
| Sector: Business Services M&A | 10 of 10 |
| Type: Divestiture M&A Deals | 4 of 4 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 11 of 11 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-08-01 |
CONEXIS
Irving, Texas, United States CONEXIS provides account-based plans, COBRA and Direct Bill administration services, and public and private exchange services to corporations, state and local governments, and business process outsourcing companies, as well as insurance carriers and health plans. |
Buy | $118M |
| Category | Company |
|---|---|
| Founded | 1949 |
| Sector | Business Services |
| Employees | 64,000 |
| Revenue | 18.2B USD (2024) |
ADP is a provider of business outsourcing solutions. ADP offers a wide range of human resource (HR), payroll, tax and benefits administration solutions from a single source. ADP is also a provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment retailers and manufacturers throughout the world. ADP was incorporated in 1949 and is based in Roseland, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 7 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 6 of 6 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 7 of 7 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-06 |
AdvancedMD
South Jordan, Utah, United States AdvancedMD is a provider of cloud-based practice management, electronic health records, and revenue cycle management software solutions to the independent physician practice market. AdvancedMD was founded in 1999 and is based in South Jordan, Utah. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-17 |
The Marcus Buckingham Co.
Beverly Hills, California, United States The Marcus Buckingham Co. is a human capital management firm that provides cloud based performance and talent management solutions for employers. |
Buy | - |
