M&A Deal Summary

People Acquires Alliance Pour La Santé Etudiante Au Quebec

On November 30, 2020, People acquired business services company Alliance Pour La Santé Etudiante Au Quebec for 56M USD

Acquisition Highlights
  • This is People’s 8th transaction in the Business Services sector.
  • This is People’s largest (disclosed) transaction.
  • This is People’s 9th transaction in Canada.
  • This is People’s 3rd transaction in Quebec.

M&A Deal Summary

Date 2020-11-30
Target Alliance Pour La Santé Etudiante Au Quebec
Sector Business Services
Buyer(s) People
Deal Type Add-on Acquisition
Deal Value 56M USD

Target

Alliance Pour La Santé Etudiante Au Quebec

Montreal, Quebec, Canada
Alliance Pour La Santé Etudiante Au Quebec, Inc. is a benefits consulting and administration firm focused on post-secondary students. Alliance Pour La Santé Etudiante Au Quebec was founded in 1996 and is based in Montreal, Canada.

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Buyer(S) 1

Buyer

People

Winnipeg, Manitoba, Canada

Category Company
Founded 2006
Sector Business Services
Employees925
Revenue 211M CAD (2020)
DESCRIPTION

People Corp. is a provider of group benefits, group retirement and human resources consulting products and services to companies across Canada. The company is bringing together leading consultants in the industry, offering innovative and customized solutions to thousands of clients across a broad range of industries. It delivers employee benefits consulting, third party benefits administration, pension consulting, human resources consulting and executive search and staff recruitment services through 35 offices and satellite offices in nine provinces across Canada, each of which is led by a team of experts familiar with the local market, and supported by the resources of a public company with a national footprint. People Corp. was founded in 2006 and is based in Winnipeg, Canada.


DEAL STATS #
Overall 10 of 11
Sector (Business Services) 8 of 8
Type (Add-on Acquisition) 10 of 11
State (Quebec) 3 of 3
Country (Canada) 9 of 10
Year (2020) 5 of 5
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-30 ENCOMPASS Benefits & HR Solutions

Kelowna, British Columbia, Canada

ENCOMPASS Benefits & HR Solutions, Inc. provides full suite of group benefits, group retirement, HR services and health and wellness solutions. ENCOMPASS Benefits & HR Solutions is based in Kelowna, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-21 Burton Financial Services

Surrey, British Columbia, Canada

Burton Financial Services specializes in providing group benefits, group retirement, and individual insurance consulting services for companies and individuals throughout the province of British Columbia. Burton Financial Services was founded in 2008 and is based in Surrey, British Columbia.

Buy -