Genstar Portfolio Co Completes Evolution
July 19, 2011- Share:
Genstar Capital-backed Evolution Benefits has completed its merger with Lighthouse1. The newly combined company is called Evolution1 and provides a web-based healthcare solution that manages health savings accounts, health reimbursement accounts, flexible spending accounts and transit plans. Lighthouse1 CEO Jeff Young has assumed the roles of chairman and CEO of Evolution1. Genstar acquired Evolution Benefits though a buyout in 2010.
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