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BeneSys Completes a Dividend Recapitalization

2008 June

High Street Capital is pleased to announce that its portfolio company, BeneSys, Inc., based in Troy, MI, has successfully completed a dividend recapitalization.  BeneSys provides healthcare payment processing as a third-party administrator (TPA) and software and computer services to multi-employer (Taft-Hartley) unions and VEBAs. BeneSys currently provides services to over 40 clients representing over 120 Trust Funds in Michigan, California, Missouri, Iowa, Kentucky and Ohio.  Read more about BeneSys at www.BeneSysInc.com 

 

We are currently seeking add-on acquisitions for this investment.  Please contact Joe Katcha at (312) 423-2650 or by e-mail at Joe@HighStreetCapital.com should you become aware of potential opportunities.