mergers and acquisitions – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 29 Apr 2024 19:00:05 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 CPPIB establishes student housing real estate investment platform, sells holdings in sports management firm https://www.benefitscanada.com/canadian-investment-review/alts/cppib-establishes-student-housing-real-estate-investment-platform-sells-holdings-in-sports-management-firm/ Fri, 05 Apr 2024 19:00:21 +0000 https://www.benefitscanada.com/?p=153952 The Canada Pension Plan Investment Board is investing up to $40 million in the creation of a real estate investment platform dedicated to purpose-built student accommodation opportunities in Europe. The new group is being created through the CPPIB’s acquisition of Nido Living (which will be a wholly owned but independently-operated portfolio company), as well as its […]

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Hub International acquiring London, Ont.-based Zavitz Insurance https://www.benefitscanada.com/news/bencan/hub-international-acquiring-london-ont-based-zavitz-insurance/ Wed, 13 Mar 2024 19:00:21 +0000 https://www.benefitscanada.com/?p=152982 Hub International Ltd. is acquiring London, Ont.-based Zavitz Insurance & Wealth Inc. Zavitz Insurance provides group employee benefits, living benefits, life insurance services and financial and retirement planning. The organization is the latest acquisition by Hub over the last few years. Read: Hub International acquiring Oakville, Ont.-based Mitchell Sandham Last month, Hub acquired Oakville, Ont.-based Mitchell […]

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Hub International acquiring Oakville, Ont.-based Mitchell Sandham https://www.benefitscanada.com/news/bencan/hub-international-acquiring-oakville-ont-based-mitchell-sandham/ Tue, 27 Feb 2024 20:00:50 +0000 https://www.benefitscanada.com/?p=152456 Hub International Ltd. is acquiring Oakville, Ont.-based Mitchell Sandham Inc., an independently owned insurance brokerage company that provides commercial and personal insurance and employee benefits services. The merger will provide Mitchell Sandham’s clients with enhanced resources and expertise, including a broader geographical reach across Canada and the U.S., said Mitchell Sandham’s chief executive officer, Aaron […]

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Caisse acquires 80% stake in Japanese solar power plant, AIMCo opens New York office https://www.benefitscanada.com/canadian-investment-review/alts/caisse-acquires-80-stake-in-japanese-solar-power-plant-invests-125-million-in-digital-consultants-expansion-plans/ Fri, 16 Feb 2024 20:00:04 +0000 https://www.benefitscanada.com/?p=151839 The Caisse de dépôt et placement du Québec is acquiring an 80 per cent stake in a Japanese solar power generation plant alongside its portfolio company Shizen Energy Inc. The solar power plant generates 31 megawatts, or enough energy to power 7,850 homes, according to a press release. The Caisse first invested $186 million in the energy […]

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Guardian Capital Group acquiring Sterling Capital https://www.benefitscanada.com/news/cir-news-news/guardian-capital-group-acquiring-sterling-capital/ Thu, 15 Feb 2024 20:00:23 +0000 https://www.benefitscanada.com/?p=152048 Guardian Capital Group Ltd. is acquiring U.S.-based asset manager Sterling Capital Management from Truist Financial Corp. The financial terms of the transaction include a payment of US$70 million on closing to purchase 100 per cent of the equity capital of Sterling, according to a press release, which noted the acquisition is expected to close in […]

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AIMCo considers buying Trans Mountain pipeline stake, Caisse integrates real estate subsidiaries https://www.benefitscanada.com/news/cir-news-news/caisse-integrates-real-estate-subsidiaries-backs-acquisition-of-quebec-energy-company/ Fri, 26 Jan 2024 20:00:09 +0000 https://www.benefitscanada.com/?p=151146 The Alberta Investment Management Corp. is considering purchasing a stake in the Trans Mountain pipeline, according to a report by BNN Bloomberg. “We have an active file on Trans Mountain,” said Evan Siddall, chief executive officer at the AIMCo, in the report. “We would look at it. The government knows that and we’re keeping track of the situation.” […]

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Caisse backs engineering company acquisition, Ontario Teachers’ sells stake in snack food manufacturer https://www.benefitscanada.com/canadian-investment-review/alts/caisse-backs-engineering-company-acquisition-ontario-teachers-sells-stake-in-snack-food-manufacturer/ Thu, 21 Dec 2023 16:00:09 +0000 https://www.benefitscanada.com/?p=149272 The Caisse de dépôt et placement du Québec is investing $12 million to facilitate the acquisition of Vancouver-based CWA Engineers Inc. by engineering consulting firm Norda Stelo Inc. The acquisition is expected to be completed in the next six months and the Caisse’s investment will “help drive [Norda Stelo’s] activities to its next stage of growth,” […]

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Hub acquiring benefits, HR consultancies in Alberta, Quebec https://www.benefitscanada.com/benefits/health-benefits/hub-acquiring-benefits-hr-consultancies-in-alberta-quebec/ Wed, 20 Dec 2023 20:00:58 +0000 https://www.benefitscanada.com/?p=149369 Hub International Ltd. is acquiring Montreal-based CGC Consultants Inc. CGC is an advisory firm that specializes in human resources strategy, recruitment, pay equity, global compensation, governance and communication, according to a press release, which noted Claudio Gardonio, managing partner at CGC, will join Hub Quebec. Read: Hub acquiring Calgary benefits provider Hub is also acquiring […]

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Navacord, Belay Advisory partnering to expand national presence https://www.benefitscanada.com/news/bencan/navacord-belay-advisory-partnering-to-expand-national-presence/ Fri, 14 Jul 2023 17:36:42 +0000 https://www.benefitscanada.com/?p=141094 Navacord Corp. is partnering with Belay Advisory, an Edmonton- and Calgary-based benefits consulting and wealth advisory firm. “We were drawn to Navacord because of their decentralized model that fosters strong entrepreneurial spirit, which has always been a cornerstone of our success at Belay,” said John Goode, a partner at Belay Advisory, in a press release. […]

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Gallagher completes acquisition of Buck for US$660 million https://www.benefitscanada.com/news/bencan/gallagher-completes-acquisition-of-buck-for-us660-million/ Tue, 04 Apr 2023 13:00:17 +0000 https://www.benefitscanada.com/?p=135983 Arthur J. Gallagher & Co. has completed its acquisition of BCHR Holdings — also known as Buck — for US$660 million. Through the agreement, Gallagher will expand its retirement, benefits and human resources consulting services in Canada, the U.S. and the U.K., according to a press release. Buck’s team of 2,300 employees will operate under the direction […]

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