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Announced

Completed

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

Synopsis

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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