Benefit Resource (BRI) Acquires 121 Benefits
October 1, 2020
Benefit Resource, LLC (BRI) has acquired Minneapolis-based 121 Benefits, a provider of pre-tax benefits and COBRA administration services. The deal — BRI’s first acquisition since its 2019 strategic partnership with CIP Capital — strengthens BRI’s Midwest presence and gives 121 Benefits access to BRI’s administrative and payment technology.
- Buyers
- Benefit Resource, LLC (BRI), CIP Capital
- Targets
- 121 Benefits
- Platforms
- Benefit Resource, LLC (BRI)
- Industry
- Professional Services
- Location
- Minnesota, United States
- Transaction Type
- Addon
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