Benefit Plan Administrators

Status: Current
Initial Investment: November 2019
Location: Eau Claire, WI
Investment Type: Recapitalization
Investment Industry: Business Services

Harvey & Company initiated the recapitalization of Benefit Plan Administrators of Eau Claire (“BPA”), a Wisconsin-based full-service third-party benefits administrator providing medical, dental, and short term disability plans for self-insured employers primarily throughout the Midwest. BPA’s solutions consist of administrative services such as claims processing, network management, and utilization review to help clients reduce health insurance costs. The transaction was completed by a Chicago-based private equity group; the founding owners retained a significant ownership position in the business and will remain involved running the day-to-day operations. BPA continues to pursue growth through acquisitions in the Midwest and nationally.

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