HealthEquity Acquires HealthSavings' HSA Portfolio for $60M

HSA Bank Acquires SecureSave

December 4, 2025

Financial Services

HSA Bank, a division of Webster Bank (holding company Webster Financial Corporation), has acquired Secure Inc. (d/b/a SecureSave), a provider of employer-sponsored emergency savings accounts. The acquisition expands HSA Bank's Healthcare Financial Services capabilities and makes it one of the largest providers of employer emergency savings accounts; terms were not disclosed and the deal closed on December 4, 2025.

H.I.G. Capital Acquires Health-E Commerce from BPOC

June 18, 2024

E-Commerce

An affiliate of H.I.G. Capital has completed the acquisition of Health-E Commerce, the Dallas-based e-commerce retailer operating FSAstore.com, HSAstore.com and the Caring Mill private label. The majority stake in Health-E Commerce was previously held by BPOC (since 2019); H.I.G. will partner with management to expand product selection, telehealth services and technology integrations with third-party administrators to drive growth.

UMB Healthcare Services to Acquire Old National Bank’s HSA Business

June 27, 2022

Healthcare Services

UMB Bank, n.a. (via UMB Healthcare Services) has entered into a definitive agreement to acquire Old National Bank’s health savings account (HSA) business. The deal involves transferring approximately $500 million in client assets (about $400 million in deposit accounts) and will expand UMB’s direct-to-employer HSA coverage with an estimated 157,000 accounts across more than 3,000 employer groups.

HCA Healthcare Acquires 80% Stake in Brookdale Health Care Services from Brookdale Senior Living

July 1, 2021

Healthcare Services

HCA Healthcare has completed the purchase of an 80% equity stake in Brookdale Health Care Services from Brookdale Senior Living for $400 million, creating a joint venture that adds approximately 80 sites of care and more than 4,000 colleagues to HCA. Brookdale retained a 20% interest; the transaction expands HCA's post-acute care capabilities (home health, hospice and therapy) to improve care coordination, quality and access.

HealthEquity Acquires WageWorks

August 30, 2019

Healthcare Services

HealthEquity, Inc. (NASDAQ: HQY) completed its acquisition of WageWorks, Inc. (NYSE: WAGE), combining the businesses to create a leading administrator of Health Savings Accounts (HSAs) and complementary consumer-directed benefits. HealthEquity also announced an $80–100 million investment to repatriate WageWorks customer care to the United States, expand digital and live member engagement, and unify administration on a single platform.

Interactive Health Acquires Health Solutions (CI Capital Partners Portfolio Company)

January 1, 2014

Healthcare Services

Interactive Health acquired Health Solutions, a provider of evidence-based wellness screenings and wellness program management services. Health Solutions is a portfolio company of CI Capital Partners, and Lincoln International acted as the exclusive financial advisor to Health Solutions throughout the sale process.