Keyword: acquisition

289 results found
Hub acquiring Ontario-based benefits, retirement firm

Hub International Ltd. is acquiring ProCorp Financial Inc., an Ottawa-based boutique benefits and retirement consulting firm. Hugh Doyle, president of ProCorp Financial, will join Hub Ontario and report to Matt Lievers, president of employee benefits and retirement at Hub Ontario. “We are thrilled to welcome Hugh and the ProCorp Financial team to Hub,” said Gregory Belton, executive chairman of Hub Ontario. “ProCorp […]

  • By: Staff
  • October 7, 2019 November 12, 2020
  • 09:00
Hub acquiring Saskatchewan-based benefits consulting firm

Hub International Ltd. is acquiring Saskatoon-based Regency Advisory Corp., an employee benefits consulting firm.  “We continue to build on our efforts to add talented organizations like Regency to boost our employee benefits and pension capabilities in Canada,” said Keith Jordan, president and chief executive officer of Hub International Manitoba Ltd., in a press release. “Regency has been involved in many […]

  • By: Staff
  • October 2, 2019 November 12, 2020
  • 15:00
Guardian Capital acquiring majority interest in U.S. investment manager

Morneau Shepell Ltd. is acquiring U.S.-based MorningStar Health Inc. The acquisition will allow Morneau Shepell to enhance its U.S. presence in absence management, including leaves, disability, absence reporting and accommodation. MorningStar Health’s plan sponsor clients and employees, including its leadership team, will join Morneau Shepell but will remain based in Grand Rapids, MI. Read: Morneau Shepell closes acquisition of some of Mercer’s […]

  • By: Staff
  • September 17, 2019 February 23, 2021
  • 15:00
Hub acquires Ontario benefits consulting firm

Hub International Ltd. is acquiring Mississauga, Ont.-based employee benefits consulting firm GMS Insurance Inc. Last year, the global insurance brokerage acquired GMS’s Kitchener, Ont. operations. The company said owning both entities would allow it to enhance its services to southwestern Ontario and greater Toronto area clients. Read: Hub International acquiring assets of Clarity Benefits Group […]

  • By: Staff
  • September 9, 2019 November 12, 2020
  • 15:05
Financial Horizons Group combining forces with two other managing general agencies

Three managing general agencies in the benefits, pension and investment industries are combining forces. The firms — Financial Horizons Group, headquartered in Kitchener, Ont.; Torce Financial Group Inc., based in the greater Toronto area; and Vance Financial Group Inc. from Vancouver — will join forces to build on the strengths of their operations and advisor networks, according to […]

  • By: Staff
  • August 16, 2019 November 12, 2020
  • 09:10
Morneau Shepell closes acquisition of some of Mercer’s U.S. health, DB businesses

Morneau Shepell Inc. has closed the previously announced acquisition of Mercer’s stand-alone, large market health and defined benefit pension plan administration business in the U.S. “We are pleased to welcome the very talented employees joining us with this acquisition and our new clients that we look forward to supporting and bringing exceptional service to their […]

  • By: Staff
  • August 7, 2019 November 12, 2020
  • 16:15
Navacord acquires Edmonton-based benefits consulting firm

Canadian commercial broker Navacord is acquiring Edmonton-based Benefits Consulting Inc. This is the organization’s second benefits and retirement transaction in 2019, following the acquisition of Future Benefits Management Inc. in June. “Navacord’s goal is to build one of the top benefits and retirement businesses in Canada,”said Marshall Sadd, executive vice-chairman at Navacord, in a press release. […]

  • By: Staff
  • July 3, 2019 November 12, 2020
  • 15:30
Hub acquires B.C.-based Porchlight Financial

Hub International Ltd. is acquiring Porchlight Financial. Located in Vancouver, Porchlight Financial has been offering group retirement plan consulting for 25 years. It specializes in plan member advisory services, financial wellness programs, retirement lifestyle and income planning. “With the addition of Porchlight Financial, Hub continues to create a robust Canadian benefits and pension solution for our clients,” said Dave Terry, president and […]

  • By: Staff
  • June 11, 2019 November 12, 2020
  • 08:30
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Fiera Capital Corp. is acquiring Foresters Life Insurance Co.’s asset management business in an effort to beef up its offering for institutional clients, according to Jean-Philippe Lemay, Fiera’s president and chief operating officer. Montreal-based Fiera will buy Foresters Asset Management Inc., Foresters’ Toronto-based investment management subsidiary that’s focused on institutional and insurance liability-driven investment. The terms […]

  • By: Staff
  • May 17, 2019 January 10, 2021
  • 09:45

The Ontario Teachers’ Pension Plan is selling its stake in BluEarth Renewables Inc. to DIF Infrastructure V, a European independent infrastructure fund. The Ontario Teachers’ was a founding shareholder in BluEarth, an independent renewable power producer that builds, owns and operates solar, hydro and wind facilities in North America. Following the sale, DIF V will own […]

  • By: Staff
  • May 16, 2019 January 10, 2021
  • 15:01