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New Deal


Announced

Completed

Sterling Capital Brokers completed the acquisition of Barclay Insurance Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Management Consulting

benefits consulting

Acquisition

Completed

Majority

Private

Friendly

Canada

Domestic

Single Bidder

Synopsis

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Sterling Capital Brokers, Canada's largest independent benefit consulting firm, completed the acquisition of Barclay Insurance Services, a benefits consulting firm. Financial terms were not disclosed. "Merging with Sterling Capital Brokers comes at an important time for many of our clients who are looking for new technology to unlock process efficiencies and cost savings. The combined company will bring an innovative set of services to the British Columbia market. We are excited and proud to be the newest addition to the SCB family," Eric Barclay, Barclay Insurance Services President.

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