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Businessolver Receives Strategic Investment From Stone Point Capital To Accelerate Mission And Trajectory As Market Leader

Dec 01, 2021•over 3 years ago
West Des Moines

Description

Businessolver®, the market leader in SaaS-based benefits technology and services, today announced that funds managed by Stone Point Capital LLC have made a majority investment in the company. Stone Point, a leading private equity firm focused on investing in financial services, including the HR and benefits industry and human capital management spaces, joins existing investors Warburg Pincus and JMI Equity as Businessolver accelerates its growth on its path to market leadership. The investment not only brings a new perspective and investment from Stone Point, but also maintains consistency with all previous investing partners continuing their focus to scale the business.

Company Information

Company

Businessolver

Location

West Des Moines, Iowa, United States

About

Since 1998, Businessolver has delivered market-changing benefits technology and services supported by an intrinsic responsiveness to client needs. The company creates client programs that maximize benefits program investment, minimize risk exposure, and engage employees with easy-to-use solutions and communication tools to assist them in making wise and cost-efficient benefits selections. Founded by HR professionals, Businessolver's unwavering service-oriented culture and secure SaaS platform provide measurable success in its mission to provide complete client delight. Media Contact: Bridget Mortland, Head of Marketing bmortland@businessolver.com 515-273-1426 SOURCE Businessolver