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WEX Signs Agreement to Acquire Discovery Benefits

Jan 17, 2019 - Business Wire
Mergers and Acquisitions

WEX (NYSE:WEX), a leading financial technology service provider, today announced the signing of an agreement to acquire Discovery Benefits, Inc. (DBI), a high-growth employee benefits administrator to more than one million consumers across all 50 states. DBI plays a key role in the consumer-directed healthcare ecosystem by offering account administration technology and services.

DBI has been a well-established partner of WEX's Health division for more than a decade, trusting WEX's proven h...