Selerix Acquires Steele Benefits

Selerix Acquires TBX (The Benefits eXpert)

February 6, 2025

Cloud & SaaS

Selerix, a cloud-based benefits administration provider based in McKinney, Texas, has acquired TBX (The Benefits eXpert), a Plano-based employee benefits education and enrollment technology company. The purchase integrates TBX's engagement and education capabilities into Selerix's platform to create an all‑in‑one benefits administration SaaS solution that improves employee decision support, enrollment workflows, and data accuracy.

Selerix Acquires SyncStream Solutions

November 26, 2024

Cloud & SaaS

Selerix, a McKinney, Texas–based provider of cloud benefits administration, has acquired SyncStream Solutions, a pioneer in Affordable Care Act (ACA) reporting technology. The acquisition combines Selerix's benefits platform and customer service capabilities with SyncStream's ACA reporting and advisory expertise to create an end-to-end ACA solution for employers, brokers, carriers, and staffing/PEO providers; financial terms were not disclosed.

NexPhase Capital Invests in Selerix Systems

August 25, 2021

Cloud & SaaS

NexPhase Capital, an operationally-focused private equity firm, announced an investment in Selerix Systems, a cloud-based benefits administration and employee engagement software provider. The partnership will support Selerix's continued growth, product development and user experience enhancements while NexPhase principals join the company's board.

Diligent Corporation Acquires Steele Compliance Solutions

February 25, 2021

Cloud & SaaS

Diligent Corporation has signed an agreement to acquire Steele Compliance Solutions, a global leader in ethics and compliance SaaS, to extend Diligent's modern governance platform with Steele’s ethics and compliance capabilities. Financial terms were not disclosed; the deal was announced February 25, 2021 and was expected to close in early March.

SolomonEdwards Acquires Steele Consulting

December 3, 2024

Accounting & Tax

SolomonEdwards has acquired Steele Consulting, a national tax advisory firm founded by Jay Steele, to expand its accounting and finance operations practice. The deal brings Steele’s tax expertise and its employees into SolomonEdwards’ platform (which is backed by Renovus Capital Partners) to broaden the firm’s tax support across state, local, federal and international jurisdictions.

WEX Acquires benefitexpress for $275M

July 14, 2021

Cloud & SaaS

WEX (NYSE: WEX) agreed to acquire benefitexpress, a cloud-based benefits administration technology and services provider, for approximately $275 million. The acquisition expands WEX's Health offerings by adding configurable enrollment, benefits administration and value-added services, and was completed in June 2021 subject to customary closing conditions.