TA Associates Makes Growth Investment in The Benecon Group
December 15, 2020
TA Associates has completed a significant growth investment in The Benecon Group, a Lititz, Pennsylvania-based developer and manager of self-funded medical benefit programs. Financing for the transaction was provided by funds managed by the Credit Group of Ares Management and Varagon Capital Partners; financial terms were not disclosed.
- Buyers
- TA Associates, Ares Management (Credit Group), Varagon Capital Partners
- Targets
- The Benecon Group
- Industry
- Healthcare Services
- Location
- Pennsylvania, United States
- Transaction Type
- Growth capital
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