M&A Deal Summary

Zenith American Solutions Acquires Benefits Administration

On June 24, 2020, Zenith American Solutions acquired business services company Benefits Administration

Acquisition Highlights
  • This is Zenith American Solutions’ 3rd transaction in the Business Services sector.
  • This is Zenith American Solutions’ 5th transaction in the United States.
  • This is Zenith American Solutions’ 1st transaction in Maryland.

M&A Deal Summary

Date 2020-06-24
Target Benefits Administration
Sector Business Services
Buyer(s) Zenith American Solutions
Deal Type Add-on Acquisition

Target

Benefits Administration

Baltimore, Maryland, United States
Benefits Administration LLC is a full-service third-party administrator. The company specializes in health, welfare, and retirement administration services to union trust organizations. Benefits Administration was founded in 1979 and is based in Baltimore, Maryland.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Zenith American Solutions

Tampa, Florida, United States

Category Company
Founded 1944
Sector Healthcare Services
DESCRIPTION

Zenith American Solutions is an administrator to Taft-Hartley multi-employer funds in the U.S. The company's solutions enable the delivery of complex healthcare and retirement benefits to union members through its dynamic technology-enabled platform. Zenith American Solutions was founded in 1944 and is based in Tampa, Florida.


DEAL STATS #
Overall 5 of 5
Sector (Business Services) 3 of 3
Type (Add-on Acquisition) 4 of 4
State (Maryland) 1 of 1
Country (United States) 5 of 5
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-05 ISSI

Maple Shade, New Jersey, United States

ISSI is a software company that provides computer system software and services for the administration of multi-employer benefit funds. With more than 250 systems installed in North America, and a product suite that covers every facet of multi-employer benefit fund administration, ISSI is a provider of benefit fund administration software to fund offices and third-party administrators in the market. ISSI is based in Maple Shade, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-05 ISSI

Maple Shade, New Jersey, United States

ISSI is a software company that provides computer system software and services for the administration of multi-employer benefit funds. With more than 250 systems installed in North America, and a product suite that covers every facet of multi-employer benefit fund administration, ISSI is a provider of benefit fund administration software to fund offices and third-party administrators in the market. ISSI is based in Maple Shade, New Jersey.

Sell -