Announced
Completed
Financials
Tags
Friendly
Acquisition
Single Bidder
Domestic
Majority
Canada
Completed
retirement plans
Management Consulting
Private
group benefits
Private Equity
Synopsis
Novacap, a private equity-backed AGA Financial Group, an insurance company, completed the acquisition of Aptus Benefits, a provider of retirement and group benefits services. Financial terms were not disclosed. “This is an exciting opportunity for Aptus Benefits, as we work to elevate our position in retirement and group benefits services in Western Canada, operating under an ideal entity like AGA Benefit Solutions. Together, we will share our industry knowledge and remain well positioned for continued success," Bill Watt, Aptus Benefits principal.
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