Alegeus Technologies, a health care benefits company, acquires Workable Solutions
Alegeus Technologies, a Waltham company focused on health care and benefit payments, said Wednesday that it has acquired Workable Solutions, a Florida-based provider of private health insurance exchange technology.
Terms of the acquisition are not being disclosed. Alegeus Technologies and Workable Solutions are private companies.
An Alegeus press release included a statement from executive chairman Robert Natt, who said: “The Alegeus solution portfolio continues to evolve as the market changes. We view private exchanges and defined contribution as a natural product extension that will serve Alegeus’ health plan, third party administrator, and broker clients. With this acquisition, we’re able to move quickly to help our clients capitalize on this market opportunity with a best-in-class private exchange offering.”