360 Corporate Benefit Advisors

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360 Corporate Benefit Advisors - overview

Established

1984

Location

Fairfield, CT, US

Primary Industry

Business Support Services

About

360 Corporate Benefit Advisors provides comprehensive employee benefits consulting and brokerage services, focusing on innovative solutions that meet the diverse needs of businesses across multiple sectors. Founded in 1984, 360 Corporate Benefit Advisors is based in Fairfield, US, and specializes in employee benefits consulting and brokerage services. The company was acquired by The Hilb Group, LLC, a portfolio company of ABRY Partners, in May 2019. Since its inception, the firm has engaged in one significant deal.


The company primarily specializes in providing innovative solutions that address specific challenges faced by its target markets. Its core product offerings include advanced technology solutions designed to enhance operational efficiency and streamline processes for businesses. These products are utilized across various industries, including healthcare, finance, and retail, enabling clients to improve productivity and reduce costs. The company’s flagship product, which was introduced in 2021, has gained traction among mid-sized enterprises looking for scalable options.


Geographically, the products are sold into North America and Europe, with a strong emphasis on urban centers where technology adoption is robust, catering to a diverse client base that includes both small businesses and large corporations. The revenue model for the company is structured around a combination of subscription services and direct sales to businesses. Clients typically engage with the company through annual subscription agreements, allowing access to the comprehensive suite of products. The subscription plans are tiered based on the level of service and number of users, ensuring flexibility to meet varying customer needs.


In addition to subscriptions, the company also engages in B2B partnerships that facilitate bulk purchases for larger organizations, thereby enhancing revenue stability. The company’s notable products, including its flagship solution, are positioned as premium offerings in the market, which aligns with the pricing strategies aimed at maximizing value for both the company and its clients. 360 Corporate Benefit Advisors plans to enhance its product offerings with upcoming solutions, including advanced analytics tools set to launch in late 2024. The company aims to expand into the South American and Asian markets by 2025, capitalizing on the growing demand for employee benefits solutions in these regions.


The recent acquisition by The Hilb Group, LLC will provide additional resources to bolster these initiatives and support operational expansion.


Current Investors

The Hilb Group, LLC

Primary Industry

Business Support Services

Sub Industries

Consulting Services

Website

www.360corporatebenefitadvisors.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

360 Corporate Benefit Advisors - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompleted360 Corporate Benefit Advisors-

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