Verlingue Acquires Brunsdon Employee Benefits

Co-operators Acquires Smart Employee Benefits Inc.

January 3, 2023

Financial Services

Co-operators Financial Services Limited, a wholly owned subsidiary of The Co-operators Group Limited, agreed to acquire all issued and outstanding common shares of Smart Employee Benefits Inc. (SEB) for C$0.30 per share in a statutory plan of arrangement, implying an equity value of approximately C$89.1 million. The acquisition is intended to bolster Co-operators' Group Benefits capabilities by integrating SEB's benefits administration technology, SaaS products and managed services; closing is subject to shareholder, court and regulatory approvals.

Choice Financial Group Acquires Employee Benefits of Virginia

December 18, 2024

Insurance

Choice Financial Group, a Virginia Beach–headquartered insurance agency backed by Northlane Capital Partners, has acquired Employee Benefits of Virginia, a Richmond-area employee benefits advisory firm. The deal expands Choice's employee benefits capabilities and strengthens its presence in the Mid-Atlantic (Virginia) market.

Alera Group Acquires Brio Benefits

October 17, 2023

Insurance

Alera Group, a national insurance and financial services firm based in Deerfield, Illinois, has acquired Brio Benefits, an employee benefits and retirement plan consulting firm headquartered in New York. The Brio team will remain in their existing roles and the acquisition is intended to strengthen Alera Group's employee benefits capabilities and deliver expanded resources to clients; terms were not disclosed.

Verlingue Acquires ProConseils Solutions

November 27, 2024

Insurance

Verlingue, a subsidiary of the Adelaïde Group, has acquired ProConseils Solutions, an insurance broker active in French-speaking Switzerland. The acquisition adds nearly 25 employees across three offices in the Canton of Vaud and expands Verlingue's service offering to businesses, local authorities and medico-social establishments as part of its Better Future 28 European growth plan.

Baretz+Brunelle Acquires LexFusion

February 25, 2025

Consulting

Baretz+Brunelle, a New York–based growth advisory firm for the legal industry, has acquired LexFusion, a legal-innovation accelerator. The LexFusion founders and global team will integrate into Baretz+Brunelle to expand B+B's capabilities in legal technology, in-house counsel relationships, and marketplace intelligence.

Zellis Group Acquires Benify from Vitruvian Partners

September 3, 2024

Cloud & SaaS

Zellis Group, a portfolio company of funds advised by Apax Partners, has agreed to acquire Benify from Vitruvian Partners and will combine Benify with its Benefex benefits administration and employee engagement business. Vitruvian will take a minority stake in Zellis alongside the Apax Funds; the deal creates a larger global benefits, rewards and employee engagement SaaS provider serving thousands of employers and millions of employees. Financial terms were not disclosed and the transaction is subject to customary closing conditions.