Announced
Completed
Financials
Tags
Acquisition
Friendly
Canada
HR management
Software
Private
Completed
Single Bidder
Domestic
Majority
Private Equity
Synopsis
AGA Benefit Solutions, an insurance firm, completed the acquisition of Cangaroo, a small business that developed a versatile and high-performing online HR management software. Financial terms were not disclosed. "With the enactment of Law 25, our clients are looking for efficient and high-performing human resources management solutions; on the other hand, we were seeking to complete our service offering by adding an HR solution to facilitate access to group insurance and group retirement services and to streamline their management. In this sense, this acquisition is a perfect match, as it will fuel our growth prospects and enable us to onboard forward-thinking talent," Martin Papillon, AGA President and Chief Executive Officer.
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