.
MergerLinks Header Logo

New Deal


Announced

Completed

Broadstone completed the acquisition of 3HR Benefits Consultancy.

Financials

Edit Data
Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Life Insurance

Private

United Kingdom

medical insurance

Natural

Acquisition

Single Bidder

Majority

Domestic

Completed

Synopsis

Edit

Broadstone, an employee benefits software company, completed the acquisition of 3HR Benefits, an employee benefits services provider. Financial terms were not disclosed. “As part of our strategy to grow all areas of our business we must identify and then capitalise on emerging trends and opportunities. This is another outstanding acquisition for Broadstone and adds further scale in a buoyant sector. 3HR Benefits Consultancy is one of the UK’s leading providers of specialist IPMI and employee benefits services to Far Eastern groups operating in the UK and Europe and the respect and authority they have built up in this sector are very impressive. Acquiring this niche business with its quality client base and experienced staff will provide clients with access to Broadstone’s wider service offering," Grant Stobart, Broadstone Group CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US