Principal Financial Group Signs Definitive Agreement to Acquire Beam Benefits
July 9, 2026
Principal Financial Group signed an agreement to acquire Beam Benefits, expanding its specialty benefits offerings for small businesses and adding cloud-native technology capabilities. The transaction was expected to close in the second half of 2026, subject to customary conditions and regulatory approvals.
- Buyers
- Principal Financial Group
- Targets
- Beam Benefits
- Industry
- Financial Services
- Location
- United States
- Transaction Type
- Buyout
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