McColl Partners, LLC acted as financial advisor to FlexBen Corporation ("FlexBen" or the "Company"), a leading provider of health care benefit administration services, in its sale to WageWorks, Inc. ("WageWorks), a portfolio company of VantagePoint Venture Partners.  The acquisition provides WageWorks with a combined client base of more than 1,000 companies, including 75 of the Fortune 500, as well as a number of the nation's leading health plans.  The combined company serves a base of more than 7 million eligible employees at such leading employers as Pitney Bowes, ABN AMRO, and Nordstrom.

About FlexBen Corporation

FlexBen, founded in 1983, is a leading provider of consumer-driven, tax-advantaged spending accounts for health and dependent care.  The Company's products include flexible spending, health reimbursement, health savings, and COBRA accounts.

About McColl Partners, LLC

McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies.  With significant experience working with private equity groups, entrepreneurs, family-owned businesses, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.

For more information about our Healthcare Group, please contact Dave Vorhoff at (704) 333-0525.  More information about McColl Partners can be found at www.mccollpartners.com.