Principal Financial Group Acquires Beam Benefits

September 1, 2026

Principal Financial Group completed its acquisition of Beam Benefits effective September 1, 2026. The acquisition adds more than 25,000 small-business customers and Beam’s digital benefits platform to Principal’s Benefits and Protection business, supporting its growth in the small-business employee benefits market.

Targets
Beam Benefits
Industry
Insurance
Location
Ohio, United States
Transaction Type
Buyout

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