M&A
confidence high
sentiment positive
materiality 0.75
HealthEquity completes first tranche of Conduent HSA portfolio acquisition
HEALTHEQUITY, INC.
- First tranche closed March 7: ~266,000 HSAs and $1.1B of assets transferred to HealthEquity.
- Purchase price of $163.9M paid in cash; previously announced on Sept 18, 2023.
- Remaining two tranches of Conduent's HSA portfolio to transfer in future.