Connect with us

Tampa tech company closes deal to go private

August 21, 2020 - Madison Dearborn Partners, a private equity firm in Chicago, has completed its previously disclosed acquisition of Benefytt Technologies, a Tampa-based health insurance technology company and distributor of Medicare-related health insurance plans. Funds associated with Madison Dearborn paid $31 a share for nearly 13.6 million shares of Benefytt's common stock in a tender offer that expired Thursday night. Benefytt will maintain its brand name and build upon its tech-first mission to help consumers connect with Medicare and other health and life insurance products, a news release said. Gavin Southwell will continue as CEO and the company will remain headquartered in Tampa.

More Zaps Frontpage

The St. Pete Catalyst

The Catalyst honors its name by aggregating & curating the sparks that propel the St Pete engine.  It is a modern news platform, powered by community sourced content and augmented with directed coverage.  Bring your news, your perspective and your spark to the St Pete Catalyst and take your seat at the table.

Email us: spark@stpetecatalyst.com

Subscribe for Free

Share with friend

Enter the details of the person you want to share this article with.