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TA Associates, a leading global growth private equity firm, today announced that it has completed a significant growth investment in The Benecon Group ( Benecon or the Company ), a leading developer and manager of self-funded medical benefit programs. Financial terms of the transaction were not disclosed.
Founded in 1991 by Samuel Lombardo and headquartered in Lititz, Pennsylvania, Benecon helps design and implement self-funded health plans for small-and-medium-sized businesses ( SMBs ). Via its Actuarial, Compliance, Finance and Producer Services divisions, Benecon offers a full suite of services for thousands of public and private employers across the United States. Benecon s subsidiary, ConnectCare3, provides wellness consulting and clinical services for Benecon members, including patient advocacy, nurse navigation and chronic disease management. Benecon has enjoyed double digit annual growth for the past 10 years and has been cited by
TA Associates Announces Significant Growth Investment in The Benecon Group
BOSTON–(BUSINESS WIRE)–TA Associates, a leading global growth private equity firm, today announced that it has completed a significant growth investment in The Benecon Group (“Benecon” or “the Company”), a leading developer and manager of self-funded medical benefit programs. Financial terms of the transaction were not disclosed.
Founded in 1991 by Samuel Lombardo and headquartered in Lititz, Pennsylvania, Benecon helps design and implement self-funded health plans for small-and-medium-sized businesses (“SMBs”). Via its Actuarial, Compliance, Finance and Producer Services divisions, Benecon offers a full suite of services for thousands of public and private employers across the United States. Benecon’s subsidiary, ConnectCare3, provides wellness consulting and clinical services for Benecon members, including patient advocacy, nurse navigation and chronic disease management. Benecon has enjo