collage of lightbulbs with workers standing around a lit one that's larger than they are (Photo: Shutterstock)

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Employee benefits professionals and companies are on the move.Here's news of promotions, new hires, M&As, and more.

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SurePayroll was awarded Gold in the e-CommerceCustomer Service Award category and Bronze for Contact Center ofthe Year at the 14th annual Stevie Awards for Sales and Customer Serviceheld in Las Vegas, Nevada. SurePayroll is a wholly owned subsidiaryof Paychex.

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IntegratedSpecialty Coverages acquired Access Partners InsuranceServices, LLC, a multi-line wholesalebroker offering a broad range of classes for insurancelines of all sizes with a focus on workers' compensation. ISC is atechnology-enabled General Agency.

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HumanInterest completed two rounds of fundraising and is poised toincrease access to retirement savings for workers employed by SMBs.The company has built a digital retirement benefits platform,recruited new talent, formed partnerships, and broadened productofferings to include 403(b) plans.

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EPIC InsuranceBrokers and Consultants announced that MatthewMarmorek has joined the firm as National Practice Leader,Global (Non-US) Employee Benefits. He specializes in developinginnovative solutions to help multinational organizations meet theirglobal employee benefit needs.

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DocSynkannounced two key milestones in customer acquisition and executiveleadership to cap its first quarter as it stays on track for aseries A investment later this year. The company signed a flagshipcustomer for its Revenue Cycle Management product – Cash FlowManager. And it announced the addition ofPrabhakar Reddy as an operating partner and boardmember. Reddy previously served as the CEO at Motivity Labs.

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CBIZ, Inc.announced the acquisition of substantially all the assets ofPension Dynamics Company, LLC, ("PD"). PD, foundedby Stephen Butler in 1979, is a full-service retirement andbenefits plan advisor providing a wide array of plans including401(k), 403(b), 457(b), defined benefit, cash balance, profitsharing, and flex, COBRA, health reimbursement and commuter plansto clients in the San Francisco Bay area. PD has 25 employees andapproximately $3.6 million in annual revenue.

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AspireFinancial Services, LLC  recently announced the hiringof Matt Drummond as National Sales Director,Individual Accounts.  Matt reports to Pete Kirtland, CEOof Aspire, a division of PCS Retirement, LLC (PCS). In this role,Matt is responsible for growing Aspire's position in thismarketplace while driving additional product innovation.

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AcelRxPharmaceuticals, Inc.  announced the execution of adefinitive merger agreement to acquire TetraphasePharmaceuticals, Inc. in a stock-for-stock deal at anexchange ratio of 0.6303 shares of AcelRx for each share ofTetraphase, or approximately $14.4 million as of the close oftrading on March 13, 2020, plus a contingent value right (CVR). Thetransaction was unanimously approved by both the AcelRx andTetraphase Boards of Directors and is expected to close in thesecond quarter of 2020, subject to customary closingconditions.

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