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Nava Benefits Acquires Innovative Boutique Benefits Firm To Further Strengthen Its Tri-State Presence

RECENTLY ACQUIREDAug 09, 2022

Acquiring Company

Nava Benefits

Acquired Company

Boutique Benefits

New YorkHealth CareInsurtechInsurance

Description

Nava Benefits, a modern healthcare benefits brokerage leveraging technology and benefits innovation to tackle the rising costs of healthcare, today announced the acquisition of i2, a healthcare benefits consulting company. This marks Nava's first acquisition, which brings additional benefits expertise to the team, strengthens Nava's position in the Northeast, and accelerates the firm's ability to help smaller employers in the tri-state region control rising healthcare costs.

Quick answer

Nava Benefits is acquiring Boutique Benefits, announced August 9, 2022. Nava Benefits is based in New York, New York, United States.

How much did Nava Benefits pay for Boutique Benefits?
The deal value was not disclosed.
What does Nava Benefits do?
Nava Benefits is a modern benefits brokerage on a mission to bring high-quality, affordable healthcare to all Americans, starting with the 49% who receive insurance through their employers.
Where are Nava Benefits and Boutique Benefits based?
Nava Benefits is based in New York, New York, United States.
Who are the decision-makers at Nava Benefits?
Fundz holds 1 contact at Nava Benefits. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Nava Benefits

Location

New York, New York, United States

About

Nava Benefits is a modern benefits brokerage on a mission to bring high-quality, affordable healthcare to all Americans, starting with the 49% who receive insurance through their employers. With the Nava Benefits Search Engine, employers can discover and learn about 600+ providers across 28 benefits categories, backed by reviews from fellow HR professionals. By partnering with healthcare and benefits advisors from the country's largest companies, Nava packages their insights, tools, and best practices into a scalable, unified service offering that has helped smaller employers save 8-22% on their benefits plans. Nava is also a recipient of Inc's Best Workplaces 2022. For more information, visit www.navabenefits.com.

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Frequently asked

Who acquired Boutique Benefits?

Boutique Benefits was acquired by Nava Benefits, based in New York. The deal was reported on August 9, 2022. Nava Benefits is a modern benefits brokerage on a mission to bring high-quality, affordable healthcare to all Americans, starting with the 49% who receive insurance through their employers. Nava Benefits is privately held and operates in Health Care.

When did Nava Benefits acquire Boutique Benefits?

Nava Benefits's acquisition of Boutique Benefits was reported on August 9, 2022. Nava Benefits, a modern healthcare benefits brokerage leveraging technology and benefits innovation to tackle the rising costs of healthcare, today announced the acquisition of i2, a healthcare benefits consulting company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Boutique Benefits do?

Boutique Benefits is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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