Hub International Ltd. is acquiring Proteus Performance Management Inc.

Headquartered in Toronto, Proteus provides specialized pension plan governance and investment consulting to corporate plan sponsors, not-for-profit organizations, trusteed plans, public plans, foundations and endowments.

“Proteus is considered among the leaders in the field of governance and investment consulting, and prides itself in providing trusted advice to clients,” said Gregory Belton, executive chairman of Hub Ontario. “They have a talented team whose experience will bring a unique perspective and substantially strengthen our Canadian pension consulting capabilities.”

Read: Hub International acquires two more Canadian benefits, pension companies

Peter Henry, president of Proteus, along with Gord Lewis and Ryan Kuruliak, both senior vice-presidents will join Hub Ontario. “This is an exciting and significant move for Proteus,” said Henry.

“Proteus can continue to focus on our core mission: providing award-winning pension plan governance and investment consulting services to our clients, but now with the added benefit of Hub’s leading corporate reputation, presence across the country and similar entrepreneurial culture. Our partnership with Hub will further strengthen the quality of service we provide our clients and the confidence our clients have with our firm.”

Read: Hub International acquires Quebec benefits brokerage

Copyright © 2018 Transcontinental Media G.P. Originally published on benefitscanada.com

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