Dialogue Health Technologies Inc. is acquiring mental-health provider e-Hub Health, which provides internet-based cognitive behavioural therapy. e-Hub Health offers a range of programs to support mental-health concerns, including moodgym, which targets the reduction of depression and anxiety symptoms; e-couch, which includes targeted programs for depression, anxiety, bereavement, divorce and social anxiety; and mental-health guru, a module-based online […]
Green Shield Canada is appointing Michael Bradie as its new vice-president of growth and client service. He most recently served as Green Shield Canada’s director of strategic innovation and prior to that he was an associate at McKinsey & Co. Bradie also previously worked at Green Shield Canada, as supervisor of corporate analytics from 2013 to […]
Germany-based Munich Re is acquiring Canada’s Group Health Group Holdings Inc. Munich Re New Ventures Inc., which previously held a 40 per cent stake in GroupHEALTH, will now own 100 per cent of the company. Matt Houghton, chief executive officer of GroupHEALTH, will continue to lead the company with his executive team, according to a […]
Navacord Corp. is further expanding its group benefits business by acquiring Penmore Benefits Inc. A division of The Penmore Group, Concord, Ont.-based Penmore Benefits Inc., provides comprehensive benefits and retirement programs, including international benefits, for small- to medium-sized businesses across both private and public sectors. The company will continue to operate independently and maintain its commitment […]
The Caisse de dépôt et placement du Québec is investing in its first transportation project with the purchase of a 67-kilometre highway in India. The asset will be the Caisse’s first acquisition through its new investment trust dedicated to road infrastructure in India, noted a press release. Project operations started in December 2011, with an […]
The Canada Life Assurance Co. is absorbing the Toronto-Dominion Bank’s TD Future Builders retirement savings plan program members as of March 19. “We believe Canada Life will deliver a strong group retirement and savings experience that supports the needs of TD Future Builder business customers and their employees, while allowing [Toronto-Dominion Asset Management Inc.] to focus […]
Goldman Sachs Group Inc.’s merchant banking division is acquiring Manitoba-headquartered People Corporation Inc., for an estimated total equity value of $1.13 billion. “This transaction delivers tremendous value for our shareholders while creating the conditions that will enable our team to write People Corporation’s next chapter,” said Laurie Goldberg, executive chairman and chief executive officer of […]
The Green Shield Benefits Association, part of the Green Shield Canada group of companies, is acquiring Benecaid Health Benefit Solutions Inc. The company’s current leadership team will continue to operate the business under the Benecaid brand, according to a press release. “Benecaid’s track record of service excellence, growth and innovation, including its Honeybee digital platform, […]
Arthur J. Gallagher & Co. is acquiring integrated talent management firm Optimum Talent Inc. With this acquisition, the Quebec-based company will gain access to Gallagher’s resources, enabling it to further enhance its plan sponsor offerings, noted a press release. As well, the merger will allow Gallagher to expand its reach in the benefits and human resources consulting […]
Hub International Ltd. is acquiring Clearpoint Benefits Solutions, which includes Clearpoint Advisory Group Inc., Clearpoint Retirement Solutions Inc. and Canwest Group Benefits Inc. Clearpoint, which is located in Edmonton, with additional locations in Grande Prairie, Alta. and Fairview, Alta., is a benefits and retirement consulting firm. Read: Hub International acquires assets of Toronto-based benefits firm “Clearpoint is […]