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New Deal


Announced

Completed

TA Associates completed the acquisition of a majority stake in AGA Benefit Solutions.

Financials

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

Tags

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Private Equity

insurance services

Canada

employment law

Management Consulting

commercial services

Acquisition

Majority

Private

Cross Border

retirement planning

Insurance Brokers

Completed

Friendly

Single Bidder

Synopsis

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TA Associates, a private equity firm, completed the acquisition of a majority stake in AGA Benefit Solutions, a group insurance and retirement plans provider. Financial terms were not disclosed. "We remain committed to delighting our customers with market leading benefits solutions and service, while continuing our investment in technological tools and process automation to make the AGA experience best-in-class. We plan to pursue our strategy of acquiring and integrating group insurance firms across Canada, with the aim of making AGA the Canadian leader in employee benefits," Martin Papillon, AGA CEO.

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