August 21, 2020
Weil advised Benefytt Technologies, Inc., a developer and operator of private e-commerce health insurance marketplaces, consumer engagement platforms, agency technology systems and insurance policy administration platforms, in its $625 million take-private sale to funds affiliated with Madison Dearborn Partners, LLC. The transaction closed on August 21, 2020.
The Weil team that advised Benefytt Technologies, Inc. was led by Mergers & Acquisitions partner Michael J. Aiello and included Mergers & Acquisitions partner Eoghan Keenan and Mergers & Acquisition associates Adam Hassan, Michelle Sargent, Shane Safer and Karl de la Roche. The team also included Tax Head Joseph Pari; Executive Compensation & Benefits partner Amy Rubin; Banking & Finance partner Allison Liff; Technology & IP Transactions Head Michael Epstein; Antitrust partner John Scribner; Tax counsel Eric Remijan; Tax associate Maria Smith; Executive Compensation & Benefits associates Amanda Rosenblum and Emily Gulyako; Banking & Finance associate Anna McEwen; Technology & IP Transactions/Privacy associates Dennis Adams and Caleb Small; and Antitrust associate Richard Flannery.