Enterprise Technology & Services
Realized, Acquired by Securian Financial in 2019
Empyrean Benefit Solutions
Provides benefits administration technology and services to employers, insurance brokers, and healthcare exchanges.
Need to drive enterprise efficiencies by outsourcing non-core functions (benefits administration).
“Our partnership with FTV provided valuable expertise supporting our growth journey. They collaborated with us as we enhanced our team, including helping to recruit a new CRO. Empyrean completed an acquisition, and the FTV team was instrumental, contributing valuable M&A guidance throughout the process. We also benefitted from FTV’s follow-on financing support to help drive further company growth initiatives. And when the time was right to exit, FTV played a key role in banker selection and process management, ultimately resulting in a great outcome for the company and shareholders.”