Case Study

Clear Benefits

PROJECT DETAILS
Location: Western Canada
Industry: SaaS

Representatives From the True North Team Successfully Advised the Shareholders of Clear Benefits, a Healthcare SaaS Company, on Their Sale to a Strategic Firm

Established over two decades ago, Clear Benefits is a leading provider of cloud-based digital solutions tailored to managing employee benefit plans. As the market continues to witness a surge in demand for flexible group benefits plans, the company takes pride in offering a cutting-edge solution that embodies flexibility, modernity, and an unparalleled client experience.

Highlights:
  • 10+ offers
  • 95% cash on close
  • Sold to a strategic partner, and immediately benefited from synergies

Recognizing the burgeoning potential within the realm of employee benefits administration, a firm operating in a similar industry identified an opportunity for strategic alignment and growth.

Following a comprehensive marketing process, during which numerous contenders vied for acquisition, a strategic firm emerged as the ultimate victor. This strategic move sets the stage for the integration of complementary strengths and expertise, paving the way for enhanced synergies and innovation in delivering comprehensive benefits solutions to clients. With a shared vision for excellence and a commitment to customer satisfaction, the combined entity is poised to solidify its position as a leader in the evolving landscape of employee benefits administration.