Balance Point Capital Advisors, LLC (“Balance Point”), in conjunction with its affiliated funds, Balance Point Capital Partners IV, L.P. and Balance Point Capital Partners V, L.P., is pleased to announce its investment in BenefitHub (“BenefitHub”, or the “Company”). Balance Point provided debt and equity capital to facilitate Inverness Graham Investments’ (“IGI”) recapitalization of the Company.
BenefitHub is a global provider of voluntary benefits programs and an employee engagement marketplace to the employees of Fortune 500 companies. Through its tech-enabled platform, the Company aggregates the buying power of millions of employees to capture attractive offerings from participating brand partners.
“Balance Point is excited to partner with BenefitHub and the IGI team as the Company continues impressive growth within each of its business units,” said Balance Point Partner Adam Sauerteig. “BenefitHub provides a clear value proposition within the voluntary benefits ecosystem; a win-win-win for employers, employees and brand partners.”
“Balance Point continues to be a value-added partner to Inverness Graham,” said IGI Principal Chris Frystock. “BenefitHub represents the third executed investment with Balance Point over the past few years; we appreciate their strong support for our investment approach and we look forward to finding additional ways to work with Balance Point in the future.”
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