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Keyword: mergers and acquisitions

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Copyright_Simon Greig_123RF

Aon is selling its U.S. retirement business to Aquiline Capital Partners and its retiree health exchange business to Alight Solutions for a total of US$1.4 billion. The sales are intended to address questions raised by the U.S. Department of Justice ahead of the pending merger of Aon and Willis Towers Watson, according to a press […]

  • By: Staff
  • June 8, 2021 June 8, 2021
  • 09:00

Aon and Willis Towers Watson have reached an agreement to sell Willis Re and a set of Willis Towers Watson’s corporate risk and broking, as well as health and benefits services, to Arthur J. Gallagher & Co. for $US3.57 billion. The agreement resolves questions raised by the European Commission and is intended to address certain […]

  • By: Staff
  • May 13, 2021 May 19, 2021
  • 15:00
Copyright_tomertu_123RF

People Corp. is acquiring British Columbia-based Benefits by Design Inc. Benefits by Design is a benefits provider focused on the small-to-medium-sized segment of the Canadian market, specializing in designing, implementing and maintaining employee benefit solutions for their clients, according to a press release. In December, People Corp. was acquired by Goldman Sachs Group Inc.’s merchant […]

  • By: Staff
  • April 27, 2021 April 27, 2021
  • 09:00

Penad Pension Services Ltd. is acquiring Ontario-based SeclonLogic Inc., a defined benefit pension plan and group benefits administration software solutions company. “I am confident that this transaction will leverage the products and services of the combined firm to the benefit of our clients and partners,” said Matthew Price, president of the Penad Group of Companies, in […]

  • By: Staff
  • April 14, 2021 April 26, 2021
  • 09:00
Copyright_serezniy_123RF

Hub International Ltd. is acquiring Calgary-based Wessex Financial Inc. Wessex Financial is a family and business benefits provider that specializes in association benefit planning, individual member services, critical awareness and financial literacy programs. Read: Hub acquiring Edmonton benefits, retirement consultancy This is the latest of a string of Canadian benefits providers and consulting firms that Hub International […]

  • By: Staff
  • April 12, 2021 April 13, 2021
  • 15:00

The year 2020 tested the mettle of entrepreneurs and small business owners like none other in recent history. And private equity firms operating in the small- and medium-sized business space were called upon like never before to help manage through the pandemic. For many business owners, 2020 has been about survival and making it through […]