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People completed the acquisition of Alliance Pour La Santé Etudiante Au Quebec for $57m.

Synopsis

People, a provider of group benefits, group retirement and human resources consulting products and services, completed the acquisition of Alliance Pour La Santé Etudiante Au Quebec, a secondary education services provider, for $57m. "We are very excited to announce the acquisition of ASEQ, which is a leader in the highly attractive student benefits sector. ASEQ is a perfect complement to our existing Gallivan and ACL student-focused operations, establishing People Corporation as a top national provider of student benefits solutions. By adding ASEQ to our platform, we have also broadened our suite of proprietary products and services, enhanced our national scale and capabilities, and meaningfully grown our market position in Quebec. We are thrilled to welcome the highly talented ASEQ team into the People family,” Laurie Goldberg, People Chairman and CEO.

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