Mercer is acquiring Montreal-based human resources consulting firm Hexarem.
Founded in 2013, Hexarem serves a diverse range of public and private sector clients across Canada, providing comprehensive, analysis-intensive compensation advice, including total compensation benchmarking and pay programs, according to a press release.
Read: Employment Hero acquiring Humi
Through the acquisition, Hexarem’s clients will gain access to Mercer’s global capabilities, solutions and advice across HR management, retirement benefits, employee benefits and investments. The terms of the transaction weren’t disclosed.
“Hexarem’s highly respected team, extensive compensation expertise and client-centric approach align with Mercer’s culture and capabilities,” said Teresa Palandra, president of Mercer Canada, in the release.
“Together, we are well positioned to support Canadian organizations in navigating complex compensation challenges within today’s demanding economic landscape, helping them retain and motivate their talent to drive sustained success.”
Read: Hub International acquiring London, Ont.-based Zavitz Insurance