Weisser's Multitudes
Employer.com acquired Bench Accounting <48hrs after the company abruptly announced their closure — saving hundreds of jobs and thousands of customers.
The deal came together over the course of a weekend. Jesse initially reached out via LinkedIn on a Saturday, got connected with Bench’s team, and was in near-continuous talks for 24–48 hours to hammer out a “binding agreement.”
Speed was critical—both in structuring the deal quickly and in standing Bench back up to avoid losing thousands of customers and hundreds of employees. Employer.com’s existing “shared services” model (covering engineering, finance, corporate development, and operations) allows them to handle the acquisition like Bench at a pace that traditional private equity firms would have found challenging if not downright impossible.
Once they reached an agreement, the focus shifted to re-hiring Bench employees who had effectively lost their jobs when Bench shut down, restoring customer access, and reassuring everyone that Employer.com is profitable and therefore not reliant on securing additional external venture funding. They plan to honor all prepaid subscriptions and invest in regaining customer trust.
