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
- Industry
- Healthcare Services
- Location
- Alabama, United States
- Transaction Type
- Buyout
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