Hub International Ltd. is acquiring Usefulideas, an employee benefits and group retirement consultancy based in Toronto. Joanne Rose, the organization’s principal and senior benefits consultant, will join Hub Ontario, reporting into Matt Lievers, its president of employee benefits. “Usefulideas will be a great addition to our growing employee benefits and retirement team in Canada,” said Gregory […]
Morneau Shepell Ltd. is selling its benefits consulting business to Hub International Ltd. The benefits component of Morneau Shepell’s consulting business, which represents about three per cent of its revenue, sold for $70 million. “We are very focused on our growth strategy, which includes being clear market leaders in the businesses in which we operate, […]
Franklin Resources Inc., operating as Franklin Templeton, is acquiring investment management company Legg Mason Inc. The all-cash deal priced Legg Mason’s common shares at US$50. As part of the transaction, Franklin Templeton will assume the manager’s outstanding debt of about US$2 billion. Legg Mason and its multiple affiliates collectively manage about $806 billion, including Brandywine Global, Clarion Partners, […]
Hub International Ltd. is acquiring employee benefits consulting firm Azur Consulting Services Inc. Based in Longueuil, Que., Azur provides group and health benefits solutions for its clients. As part of the transition, Azur’s president Paul Ethier will join Hub International Quebec Ltd. Read: Hub acquiring Edmonton benefits, retirement consultancy
Hub International Ltd. is acquiring Edmonton-based employee benefits and retirement consulting firm Benefex Consulting Inc. Benefex specializes in group insurance programs, retirement, wellness solutions and special risk coverage. It serves clients in British Columbia, Yukon, Alberta, Northwest Territories, Saskatchewan and Ontario. Read: Hub names Canadian benefits leadership team, areas of service “We are excited to add another […]
Telemedicine provider Dialogue is expanding into Europe with the acquisition of Argumed Consulting Group, a German occupational health and safety company. Argumed provides workplace health and safety services, such as psychological and other risk assessments and hazardous substances management, for multiple industries in Germany. The company also has an expansion strategy around digitizing its services. The deal […]
Arthur J. Gallagher & Co. has acquired Sinclair Billard and Weld Ltd. and CJM Solutions + Inc., which do business under the name SBW Employee Benefits. The Halifax-based organization designs, administers, markets and manages group benefits programs and defined contribution plans for employers and associations across Atlantic Canada. It also provides consulting advice on employee […]
Hub International Ltd. has acquired the assets of Winnipeg-based benefits consulting firm W.R. Carey Corp. W.R. Carey provides a wide range of programs to employers, including benefits plan consulting and group retirement services. Bill Carey, the firm’s president, and all of its employees will join Hub International Manitoba Ltd. Read: Hub acquiring Alberta-based employee benefits consultancy “Carey Corp. […]
Hub International Ltd. is acquiring RBI Advisory Group, an Okotoks, Alta.-based employee benefits consultancy. RBI has been providing advisory services to employers and associations around group benefits for almost 20 years. Rick Achtymichuk, RBI’s managing partner and owner, will join Hub International Insurance Brokers, a division of Hub International Canada West ULC. Read: Hub acquiring Saskatchewan-based […]
Hub International Ltd. is acquiring PDF Financial Group Inc., a Toronto-based brokerage that offers employee benefits, human resources and related financial advice consulting, as well as outsourcing services. Peter Demangos, the brokerage’s founder and president, will join Hub International Ontario Ltd. The deal is the latest in Hub’s ongoing strategy to acquire smaller Canadian employee benefits consulting […]