Public Company Financial Services

Canada Life

Toronto, Ontario, Canada

Canada Life is a Canadian insurer and wealth-management company focused on improving the financial, physical and mental well-being of Canadians. It provides insurance and retirement/investment solutions and also offers workplace mental health support and related workplace benefits and claims services. Canada Life is a subsidiary of Great-West Lifeco Inc. and is part of the Power Corporation group of companies.

Focus Areas
Insurance, Wealth management, Workplace benefits

Tracked deals

3

3 tracked deals across 2021-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

3 buyout

Canada Life Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Canada Life. 1 2021 1 2023 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Canada Life
    Target
    Santé Circle Health
    Location
    Ontario, Canada
    Type
    Buyout

    Canada Life has acquired Santé Circle Health, a provider of disability management and occupational health services. The acquisition is intended to strengthen and modernize Canada Life’s disability offering, including capabilities such as early intervention, provider management and digital intake.

  • Buyer
    The Canada Life Assurance Company (Canada Life)
    Target
    Value Partners Group Inc.
    Location
    Manitoba, Canada
    Type
    Buyout

    The Canada Life Assurance Company, a subsidiary of Great-West Lifeco, has agreed to acquire Value Partners Group Inc., a Winnipeg-based wealth planning and investment firm. The deal will integrate Value Partners’ investment counsel, investment management and financial planning capabilities into Canada Life’s advisor-focused wealth platform to expand capabilities for independent advisors; the transaction is expected to close by end of 2023 subject to regulatory approvals.

  • Buyer
    The Canada Life Assurance Company (Canada Life)
    Target
    ClaimSecure Inc.
    Location
    Ontario, Canada
    Type
    Buyout

    The Canada Life Assurance Company, a subsidiary of Great-West Lifeco, has agreed to acquire ClaimSecure Inc., a Canadian healthcare management firm that provides health and dental claim management and pharmacy benefits management services. The acquisition expands Canada Life's presence in third-party administrator (TPA) and third-party payor (TPP) markets, adds national claims-paying technology capabilities and brings approximately 1.25 million plan members into Canada Life's ecosystem.

Related Acquisition Pages

Selling a company? Get in front of buyers like Canada Life

Turn tracked acquisition activity into an outreach-ready buyer list.