CNO Financial Group Acquires DirectPath

February 9, 2021

CNO Financial Group has acquired DirectPath, a national provider of year‑round, technology‑driven employee benefits management services, for approximately $50 million plus a potential earn‑out. The deal expands CNO's Worksite Division capabilities, adding enrollment, advocacy and benefits‑management technology; DirectPath CEO Michael Byers joins CNO as co‑president of the Worksite Division.

Buyers
CNO Financial Group
Targets
DirectPath, LLC
Location
Alabama, United States
Transaction Type
Buyout

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