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Benefex buys Orbit and Capita’s employee benefits business

by John Greenwood
December 1, 2020
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Benefex, the employee benefits software and communications company, has bought the employee benefits business of Capita for an undisclosed fee.

Benefit has bought Capita’s Orbit tech, global consulting, brokerage, flexible benefits and administration.Capita’s pension division remains part of Capita Employee Benefits

The combined business will now support over 650 employers across more than 50 countries with employee experiences across employee benefits, reward, recognition and internal communications.

Benefex founder and CEO Matt Macri-Waller says: “Today marks the culmination of 5 months of work for the team here at Benefex and we are excited to share with you the news that we have acquired Capita Employee Benefits.

“It’s great to have such a talented team of new Benefexers joining us and I want to thank all of the customers for the commitment they have shown to us and their enthusiasm for our future roadmap.

“So much more to come in 2021, but for now we are excited to solve even more of the challenges our customers are facing, because everyone deserves an exceptional employee experience, every day.
“Happy Tuesday!”

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