About the client

Known as a disruptor in the health benefits industry, it’s no wonder Navacord Corp. wanted to acquire Beneplan.

Beneplan was created to support small- and medium-sized business owners, enabling them to offer employees affordable health benefits—a luxury typically reserved for big businesses.

Built within a cooperative structure that pays back surpluses to its members, this unique business model has set Beneplan apart in the health benefits space since the early 2000s.

With their collective bargaining power, they’ve been able to secure low premiums and keep true to their principles of ethics, honesty, and transparency.

Deal summary

Client

Client

Beneplan

Transaction type

Transaction type

Divestiture

Services provided

Services provided

M&A

Sector

Sector

Insurance

Close date

Close date

April 2022

The client experience

"The Grant Thornton team was in our corner every step of the way and their expertise was invaluable in helping us through this complex transaction process. They provided us with professional advice and peace of mind in achieving the outcome we wanted. If you’re considering an M&A transaction, you need to speak with this team first.”

Yafa Sakkejha, CEO
Beneplan

 

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