M&A Deal Summary

WageWorks Acquires Choice Strategies

On January 9, 2012, WageWorks acquired business services company Choice Strategies

Acquisition Highlights
  • This is WageWorks’ 6th transaction in the Business Services sector.
  • This is WageWorks’ 6th transaction in the United States.
  • This is WageWorks’ 1st transaction in Vermont.

M&A Deal Summary
Date 2012-01-09
Target Choice Strategies
Sector Business Services
Buyer(s) WageWorks
Deal Type Add-on Acquisition

Target

Choice Strategies

Waterbury Center, Vermont, United States
Choice Strategies is a pre-eminent administrator in the tax-advantaged, consumer-driven health care space.

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Buyer(S) 1

Buyer

WageWorks

San Mateo, California, United States
Category Company
Founded 2000
Sector Business Services
Employees1,921
Revenue 476M USD (2017)
DESCRIPTION
WageWorks' corporate headquarters in San Mateo, California.
WageWorks' corporate headquarters in San Mateo, California.

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 6 of 11
Sector (Business Services) 6 of 10
Type (Add-on Acquisition) 4 of 7
State (Vermont) 1 of 1
Country (United States) 6 of 11
Year (2012) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-31 FBD Consulting

Leawood, Kansas, United States

FBD Consulting, Inc. is a provider of reimbursement administration business.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-31 TransitChek

New York, New York, United States

TransitChek is a provider of benefits programs.

Buy -
Mergr

Product

Company

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