Madison, WI (June 1, 2014) – TASC (Total Administrative Services Corporation), a provider of tax-advantaged medical and other benefits account management services, announces that eflex and eCOBRA have become TASC Divisions. All headquartered in Madison, WI, the three companies have joined forces to provide innovative and sustainable solutions for reshaping tax free benefit offerings across the nation.
By joining forces with TASC, eflex and eCOBRA preserve their cultures of innovation, teamwork and service excellence, while gaining the scale-based advantages of a well-capitalized organization with over 800 employees in 60 locations. As TASC divisions, the eflex and eCOBRA networks will have access to a best-in-class portfolio of services for businesses large and small.
Both companies view the merge as great opportunity to expand and improve services. “We’ve been competitors in the same space, headquartered in the same town for 15 years,” said Tom Jacobs, eflex co-founder and CEO. “It’s about time we joined forces and started to focus on delivering the very best service and value to businesses and employees across the country,” he added. “Our combined services mean faster answers, faster payments, more web self-service and technology, and quite frankly more and better product offerings. We couldn’t be happier.”
“We are so pleased to welcome eflex and eCOBRA to the TASC family of businesses,” said Dan Rashke, TASC CEO. “We’ve known them a long time. We see this merger as a way for both companies to learn from each other’s best practices and grow.” He went on to say that an integral aspect of TASC’s growth strategy is to identify and acquire high growth high value solutions for customers. “The eflex and eCOBRA solutions fit the criteria perfectly.”
