M&A Deal Summary

People Acquires Lane Quinn Benefit Consultants

On May 23, 2018, People acquired insurance company Lane Quinn Benefit Consultants

Acquisition Highlights
  • This is People’s 1st transaction in the Insurance sector.
  • This is People’s 5th transaction in Canada.
  • This is People’s 2nd transaction in Alberta.

M&A Deal Summary
Date 2018-05-23
Target Lane Quinn Benefit Consultants
Sector Insurance
Buyer(s) People
Deal Type Add-on Acquisition

Target

Lane Quinn Benefit Consultants

Calgary, Alberta, Canada
Lane Quinn Benefit Consultants Ltd. is a domestic and international employee benefit programs. Lane Quinn Benefit Consultants is based in Calgary, Alberta.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 5 of 11
Sector (Insurance) 1 of 2
Type (Add-on Acquisition) 5 of 11
State (Alberta) 2 of 3
Country (Canada) 5 of 10
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Assurances Dalbec Ltée

Montreal, Quebec, Canada

Dalbec provides consulting, third party administration and third party payor services related to the employee group benefits plans of hundreds of Quebec-based small and medium-sized businesses, as well as union groups. Dalbec services its client base both directly and through relationships with third party brokers.

Buy CA$16M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-03 Robin Veilleux Assurances Et Rentes Collectives

Laurier, Quebec, Canada

Robin Veilleux Assurances Et Rentes Collectives, Inc. is specializes in providing group benefits consulting services. Robin Veilleux Assurances Et Rentes Collectives is based in Laurier, Quebec.

Buy -
Mergr

Product

Company

Legal