Empower Acquires OptionTrax (Plan Management Corporation)
September 23, 2024
Empower has acquired Plan Management Corporation (PMC), the creator of the OptionTrax equity compensation administration platform, and will integrate the platform into its digital wealth and retirement offerings. The OptionTrax platform — used by more than 300 employers and representing approximately $62 billion in equity compensation plan value — will be rebranded as "OptionTrax by Empower" and operated under the newly formed Empower Stock Plan Services, LLC.
- Buyers
- Empower
- Targets
- Plan Management Corporation (OptionTrax)
- Industry
- Wealth Management
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Empower Retirement Acquires Personal Capital
June 29, 2020
Wealth Management
Empower Retirement has acquired digital wealth manager Personal Capital for up to $1 billion in enterprise value (approximately $825 million at closing plus up to $175 million for growth). The acquisition combines Empower's retirement plan services with Personal Capital's digital-first financial planning and wealth management platform to deliver integrated digital and human advice to retirement plan participants and individual investors.
-
NexPhase Capital Acquires Empower Community Care from Northlane Capital Partners
July 16, 2025
Healthcare Services
NexPhase Capital has acquired Empower Community Care from Northlane Capital Partners. Empower is a global behavioral health enablement platform that provides evidence-based programs, training, consulting, and software to public systems and care providers; NexPhase intends to accelerate adoption of Empower's programs and support international expansion.
-
Empower Physical Therapy Acquires ProActive Physical Therapy & Sports Medicine
January 20, 2022
Healthcare Services
Empower Physical Therapy acquired ProActive Physical Therapy & Sports Medicine, adding six San Diego–area clinics to its network. Founders Jack Pentlarge and Amyn Valji will remain with the business as Regional Directors of Operations, and the acquisition brings Empower to 43 clinics across Arizona, California, Louisiana and Texas.
-
Northlane Capital Partners Invests in Empower Community Care
March 29, 2021
Healthcare Services
Northlane Capital Partners has made a strategic investment in Empower Community Care, a global behavioral health organization headquartered in Atlanta, Georgia. The partnership with Empower's existing management team will support expansion of its evidence-based treatment programs and technology platforms (including MST, Orbis Partners, and Evidenced Based Associates) to better serve vulnerable youth, families and public agencies.
-
Cybereason Acquires empow to Enhance XDR Offerings
July 20, 2021
Cybersecurity
Cybereason has acquired empow, a Tel Aviv-based security analytics company, to integrate empow's predictive response technology and wide set of data integrations into Cybereason's XDR platform. The deal brings empow's engineering and product talent to Cybereason and is intended to accelerate integrations with more than 70 IT and security vendors while strengthening Cybereason's detection and response capabilities across endpoint, network, identity and cloud telemetry.
-
WolfePak Software Acquires Welltrax and Fleet Management Product Lines from Vertrax
July 28, 2021
Transportation
WolfePak Software has acquired the Welltrax and Fleet Management product lines from Vertrax, adding cloud-based load, dispatch, and driver management capabilities to its mobile product suite. The acquisition expands WolfePak's offerings for crude and bulk commodity haulers by integrating fleet management, ELD/telematics connections, and driver workflows with its back-office oil and gas ERP solutions.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.