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Benemax Private Equity Solutions


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THE DILEMMA

Private Equity Groups manage portfolios that often include thousands of full time employees. Yet these employees are usually scattered among a number of downstream companies and these companies vary enormously by size, location and even industry.

As a result, PEGs foot a bill (directly or indirectly) for employee benefits that would be more appropriate to a mélange of small employers than to a large conglomerate. Nutshell: PEGs are insuring a four or five figure work force at two or three figure rates.

Recognizing this problem, PEGs have long sought to combine their portfolio companies into a single benefits buying group. However, this has proven much easier to propose than to accomplish. Wide disparity in company cultures, geographic regions, employee expectations and industry norms have combined with a patchwork quilt of state and federal regulations to frustrate these efforts at every turn.

Now, at last, there is a breakthrough!