HealthEquity (HQY) Enters Deal to Acquire Further for $500M
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HealthEquity to Acquire Further
April 8, 2021 4:40 PM EDTDRAPER, Utah, April 08, 2021 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity"), the nation's largest independent health savings account ("HSA") custodian, today announced that it had entered into a definitive agreement to acquire Further, a leading provider of HSA and consumer directed benefit administration services, and the nations ninth largest HSA custodian overall.
The acquisition of Further and its technology expands HealthEquitys leadership in the growing HSA market, enhances its ability to drive growth with health plans and other go-to-market partners, and adds to its Total Solution offering of remarkable products backed... More
