M&A Deal Summary

Workers Benefit Fund Acquires BeneStream

On December 18, 2019, Workers Benefit Fund acquired staffing company BeneStream

Acquisition Highlights
  • This is Workers Benefit Fund’s 1st transaction in the Staffing sector.
  • This is Workers Benefit Fund’s 1st transaction in the United States.
  • This is Workers Benefit Fund’s 1st transaction in New York.

M&A Deal Summary

Date 2019-12-18
Target BeneStream
Sector Staffing
Buyer(s) Workers Benefit Fund
Deal Type Add-on Acquisition

Target

BeneStream

New York, New York, United States
BeneStream, Inc. provides businesses and unions with innovative, cost-saving products and services by connecting their qualified employees to government benefits.

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Buyer(S) 1

Buyer

Workers Benefit Fund

New York, New York, United States

Category Company
Founded 2017
Sector Staffing
DESCRIPTION

Workers Benefit Fund partners with local industry and sector leaders to provide benefits for millions of workers in today’s rapidly expanding gig economy. As independent contractors, gig workers lack strategic representation and traditional access to a stable benefits package. Workers Benefit Fund works closely with labor leaders to provide health and other benefits to the workers in their industry.


DEAL STATS #
Overall 1 of 1
Sector (Staffing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1