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NationsBenefits Declares Substantial Funding determination Led by Customary Atlantic to Drive Ongoing Development | Information

FORT LAUDERDALE, Fla.–(Group WIRE)–Apr 7, 2022–

NationsBenefits®, a predominant supplier of supplemental rewards and member engagement strategies for well being and health packages, at the moment declared it has raised a big development monetary funding led by Typical Atlantic, a foremost worldwide development fairness agency. Present merchants, which embrace The Pritzker Company (“TPO”) and Denali Progress Associates (“DGP”), additionally participated within the spherical. The funding is meant to help lengthen NationsBenefits’ management scenario in supplemental rewards administration and additional extra velocity up ongoing growth initiatives, together with deepening the corporate’s sturdy technological know-how system and supplier choices that additional extra improve the member working expertise and generate wellbeing outcomes.

Established in 2015 by Foremost Authorities Officer Glenn M. Parker, M.D., NationsBenefits in the meanwhile serves a whole lot of 1000’s of customers all through the US by partnering with managed therapy organizations to supply customizable healthcare solutions by the use of a assorted that includes of supplemental added advantages. The corporate’s supplemental positive aspects, items, and options incorporate customizable flex card alternate options, OTC optimistic features, meals items-precise positive aspects, listening to advantages, and plenty of further wellness-similar optimistic features. With trendy digital properly being applied sciences, NationsBenefits requires an in depth technique to the end shopper experience to enhance wellness outcomes.

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“This expense is one other milestone within the evolution of NationsBenefits, and we’re thrilled to include Typical Atlantic as a lover to realize our formidable targets,” claimed Dr. Parker. “This capital performs a pivotal function in how we pursue the upcoming stage of our development and velocity up ahead as we request to push much more worth for general well being plans and main actions for his or her members,” further Michael Parker, Foremost Operating Officer at NationsBenefits.

“Glenn and the NationsBenefits workforce have developed a class-main enterprise enterprise that effectively serves an important populace, particularly as this demographic’s needs and expectations all-around healthcare shift,” defined Robbert Vorhoff, Caring for Director and World Head of Typical Atlantic’s Healthcare sector, who will likely be becoming a member of the NationsBenefits board together with Widespread Atlantic Vice President Armaan Pai. “NationsBenefits is targeting delivering an entire scope of knowledgeable companies for associates on a national scale, underpinned by a wonderful member engagement encounter, a worth proposition we see as differentiated and resonant. Normal Atlantic is worked up to help the NationsBenefits workforce as they intention to additional extra velocity up development to proceed on growing its members’ ordeals and well being outcomes.”

Barclays acted because the unique fiscal advisor to NationsBenefits.

NationsBenefits is a high member engagement, advantages administration, and healthcare enterprise that associates with managed therapy firms to offer spectacular well being care alternate options aimed toward driving growth, lowering expenditures, and delighting associates. By its intensive suite of progressive supplemental optimistic features, funds system, and member engagement solutions, NationsBenefits assists wellness plans present superior high-quality positive aspects to their associates that allow tackle social determinants of wellness and improve member wellbeing outcomes and satisfaction. The Firm’s compliance-concentrated infrastructure, proprietary engineering strategies, and main help supply design enable NationsBenefits’ properly being system companions to offer vital top of the range, price-primarily primarily based therapy to a whole lot of 1000’s of consumers. To find extra, go to NationsBenefits.com.

Typical Atlantic is a number one world progress equity enterprise with much more than 4 many years of sensible expertise furnishing capital and strategic assist for about 445 development suppliers throughout its background. Established in 1980 to associate with visionary enterprise homeowners and ship lasting impression, the group brings collectively a collaborative world broad technique, sector-unique expertise, a extensive-term funding determination horizon, and a deep comprehension of progress drivers to affiliate with terrific enterprise folks and administration teams to scale trendy firms all-around the globe. Typical Atlantic presently has round $84 billion in belongings under administration inclusive of all merchandise as of December 31, 2021, and additional than 215 funding determination execs based in New York, Amsterdam, Beijing, Hong Kong, Jakarta, London, Mexico City, Mumbai, Munich, Palo Alto, São Paulo, Shanghai, Singapore, Stamford and Tel Aviv. For additional knowledge on Widespread Atlantic, please pay a go to to the web website: www.generalatlantic.com.

About The Pritzker Group

The Pritzker Group (TPO) is the service supplier monetary establishment for the group passions of the Tom Pritzker partner and kids. TPO is targeting partnering with excellent leaders to create worth throughout an enormous vary of industries. TPO appears for choices the place it will probably make worth for the household’s pursuits and all these of its companions and colleagues greater than a essential time horizon. For additional than 60 a few years, TPO has overseen and guided the progress of dozens of portfolio suppliers all through a big choice of industries, like producing, logistics, on a regular basis dwelling sciences, hospitality, well being care and services. Notable firms comprise Hyatt Resorts, Triton Container and the Marmon Workforce. Latest handle investments comprise TMS Intercontinental, Lithko Contracting, KBP Investments, Mammoth Holdings, STV Inc, and Crown Healthcare Laundry Options. Along with its core method of growing enterprises in regards to the prolonged time interval, TPO can be energetic in distinctive circumstances, advising the household’s pursuits within the deployment of money throughout an enormous spectrum of industries and funding determination buildings. Added information could be recognized at www.pritzkerorg.com.

About Denali Growth Companions

Denali Growth Companions is a Boston-based progress fairness group. DGP seeks to affiliate with fast-growing, capital-effective organizations serving the well being care ecosystem. DGP will assist administration groups and organizations velocity up development by the use of cash and strategic sources. Additional knowledge about Denali Growth Associates is on the market at www.denaligrowth.com.

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PUB: 04/07/2022 08:00 AM/DISC: 04/07/2022 08:02 AM

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