Harbour Benefit Holdings Acquires Benefits Administration, LLC (BAC)
June 24, 2020
Harbour Benefit Holdings, Inc. acquired Benefits Administration, LLC (formerly Benefits Administration Corporation, Inc.), a Baltimore-based third-party administrator specializing in health, welfare and retirement services for union trust organizations. The deal expands Harbour's national footprint and client base, adding BAC to its family of companies alongside Zenith American Solutions, Pacific Federal and Innovative Software Solutions; financial terms were not disclosed.
- Buyers
- Harbour Benefit Holdings, Inc.
- Targets
- Benefits Administration, LLC
- Platforms
- Zenith American Solutions, Inc.
- Industry
- Insurance
- Location
- Maryland, United States
- Transaction Type
- Addon
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