People Corporation Inc. is acquiring British-Columbia-based group benefits, retirement and insurance consulting company Burton Financial Ltd.
Burton’s principals, Sean and Darla Trimble, will continue to run the operations as part of People Corp. and its team of employees will continue to provide service and solutions to its plan sponsor clients.
Laurie Goldberg, chief executive officer of People Corp., said the acquisition is strategically important to its growth in B.C., particularly in the Lower Mainland. It follows the acquisition, in April 2021, of Benefits by Design Inc., which is also based in B.C.
In December, People Corp. was acquired by Goldman Sachs Group Inc.’s merchant banking division for an estimated total equity value of $1.13 billion.