Benefit Concepts, Inc.
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Benefit Concepts, Inc. - overview
Established
1983
Location
Houston, TX, US
Primary Industry
Outsourcing
About
Based in Texas, US, founded in 1983, and led by CEO, Benefit Concepts, Inc. is an employee benefits solutions provider. As of February 2023, Mark Kennedy serves as the CEO of the company. In August 2021, Alliant Insurance Services, Inc.
, a portfolio company of Stone Point Capital and Public Sector Pension Investment Board, acquired Benefit Concepts, Inc. As of February 2023, the firm serves over 4,000 companies. The company provides a full range of employee benefits solutions to businesses and individuals to design and implement employee benefit programs, compliance, HR services, and technology solutions as well as support to other agencies in the marketplace. The firm provides risk management advice, assists in the resolution of potential regulatory issues, maximises employee performance and minimises liability by guiding clients through the design and implementation of human resource programmes, and assists in the selection of benefits administration and HR technology.
Current Investors
Alliant Insurance Services, Inc.
Primary Industry
Outsourcing
Sub Industries
Consulting Services, Human Resources Services, Insurance
Website
www.mybciteam.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Benefit Concepts, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Benefit Concepts, Inc. | - |
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