AGA Benefit Solutions (with Novacap) Acquires J&D Benefits

Novacap Takes Stake in AGA Benefit Solutions

October 5, 2020

Insurance

Novacap has acquired an ownership interest in AGA Benefit Solutions to help accelerate the Quebec-based group insurance administrator’s growth across Canada. The investment is intended to support AGA’s strategic acquisitions and expansion while adding Novacap partners to AGA’s board to support execution.

TA Associates Makes Growth Investment in AGA Benefit Solutions as Novacap Exits

March 5, 2024

Insurance

TA Associates has made a significant growth investment in AGA Benefit Solutions, partnering with AGA's management team who will remain major shareholders. Novacap, which invested in AGA in 2020, has transitioned its ownership as part of the transaction; AGA will use the new capital to pursue organic growth, technology investment and further M&A to expand its national platform.

AGA Benefit Solutions Acquires Cangaroo

October 2, 2023

Cloud & SaaS

AGA Benefit Solutions has acquired Cangaroo, a Quebec-based developer of online HR management software, in a deal completed October 2, 2023. The transaction — concluded in partnership with private equity firm Novacap — will allow AGA to expand its service offering by integrating HRIS capabilities with its group insurance and retirement services, accelerating growth across Canadian SMB clients.

Argosy Healthcare Partners Recapitalizes Integrated Solutions (IS Benefits)

November 4, 2025

Insurance

Argosy Healthcare Partners completed a recapitalization and partnership with Integrated Solutions for Benefits and Insurance Services (IS Benefits), a Hooksett, New Hampshire–based stop-loss and employee benefits consulting firm. The investment will support IS Benefits' technology investments, geographic expansion, and scaled delivery of stop-loss underwriting, specialty drug management, and claims auditing services.

G&A Partners Acquires Employer Advantage

March 8, 2022

Staffing & HR

G&A Partners has acquired Employer Advantage, a Joplin, Missouri-based provider of human resource services. The acquisition adds more than 500 client companies, roughly 11,000 worksite employees and 78 corporate employees to G&A's platform, expands its Midwest footprint, and will retain Employer Advantage's leadership with Jared Young joining G&A as Chief Mergers and Acquisitions Officer during the transition.

Arthur J. Gallagher & Co. Acquires WDK Benefits, LLC

November 8, 2023

Insurance

Arthur J. Gallagher & Co. (Gallagher) has acquired Farmington, Connecticut-based employee benefits agency WDK Benefits, LLC. Terms were not disclosed; John Kaufman and his associates will remain in place as part of Gallagher’s East region employee benefits consulting and brokerage operations to bolster Gallagher’s capabilities in New England.