HealthComp Acquires Gilsbar's TPA and MedCom Divisions

New Mountain Capital Acquires HealthComp from Alpine Investors

November 9, 2020

Healthcare Services

New Mountain Capital has partnered with HealthComp Holding Company LLC, acquiring the leading independent third-party administrator (TPA) from Alpine Investors. HealthComp, headquartered in Fresno, California and serving over 400,000 members, will keep its CEO and management team invested while New Mountain plans to accelerate growth by investing in data & analytics and expanding cost and clinical management capabilities.

New Mountain Capital Backs Merger of Virgin Pulse and HealthComp to Create Health Platform-as-a-Service

September 27, 2023

Healthcare Services

Virgin Pulse and HealthComp announced an intent to merge to form a technology- and data-powered Health Platform-as-a-Service focused on employer-sponsored health. New Mountain Capital will be the majority owner of the combined entity, with backing from Marlin Equity Partners, Blackstone Credit, and Morgan Health; the combined company will serve over 20 million members and more than 1,000 self-insured employers.

Abry Partners Acquires Majority Stake in HealthEZ

July 7, 2020

Healthcare Services

Abry Partners has acquired a majority stake in HealthEZ, an independent third-party administrator (TPA) of self-funded medical plans. The investment will support HealthEZ’s service and technology expansion and enable the company to pursue strategic acquisitions to grow its SMB-focused benefits business.

MediSpend Acquires MedCompli

May 22, 2024

Software

MediSpend, a Portsmouth, New Hampshire–based commercial compliance technology company, has acquired MedCompli, a life-sciences compliance software and services provider, effective May 17, 2024. The acquisition expands MediSpend’s product portfolio and subject-matter expertise—bringing complementary SaaS and advisory capabilities into its PE-backed platform to better serve life sciences customers globally.

Acrisure Acquires MGA and TPA Operations from SUNZ Insurance

December 21, 2021

Insurance

Acrisure has acquired the Managing General Agency (MGA) and Third-Party Administrator (TPA) operations of SUNZ Insurance, including Next Level Administrators, Watchpoint, Ascential Care Partners, Avalon and Accelevant Premium Audit. The deal expands Acrisure's underwriting, claims and distribution capabilities in workers' compensation and PEO-focused insurance, and will be integrated with Acrisure's AI and distribution platform. Terms were not disclosed.

Blue Ridge Associates Acquires AmbroseAdvisors' ESOP TPA Services

February 8, 2026

Financial Services

Blue Ridge Associates has acquired the ESOP third‑party administration (TPA) services business from AmbroseAdvisors, including the ESOP administration team and clients. AmbroseAdvisors will retain its advisory business while Blue Ridge expands its ESOP administration capabilities and client base to meet growing demand for ESOP formation and related services.