PSST acquires ACA Compliance Solution Services to expand its presence in the Western U.S. market and strengthen its ACA compliance solution offerings.

Target Company Overview

PSST, a provider of integration and compliance SaaS solutions, has successfully acquired ACA Compliance Solution Services (ACA CSS), a prominent player in Affordable Care Act compliance located in Woodland Hills, California. This acquisition allows PSST to expand its customer base significantly, especially in the Western United States, where ACA CSS boasts a robust clientele. Prior to this acquisition, PSST had already established itself in markets like New York, Ohio, and Connecticut through previous strategic investments.

Founded by the father-son duo Glenn and Michael Davidow, ACA CSS is well-respected for delivering a comprehensive suite of ACA compliance solutions, including expertise in 1094/1095 compliance, ERISA Wraps, and Form 5500 filings. This aligns perfectly with PSST’s commitment to providing high-quality service, particularly with their emphasis on customer support.

Industry Overview

The Affordable Care Act (ACA) compliance industry has witnessed significant growth in the last decade, driven by the increasing complexity of healthcare regulations in the United States. Companies in this sector are tasked with ensuring compliance in a consta