Description of Transaction
Sequeira Partners was engaged by Bajus Financial Partners Ltd. to assist with the sale to People Corporation. The Sequeira team provided advisory assistance throughout the transaction including initial valuation analysis, negotiating preliminary deal terms, transaction structure and consideration, as well as assisting with due-diligence and other pre-closing matters.
The sale to People Corporation will allow Bajus to continue its growth by leveraging the national resources of one of Canada’s largest and fastest growing provider of group benefits, group retirement, wellness, and human resource solutions.
Bajus Financial Partners
Bajus Financial Partners is one of Vancouver’s leading Group Benefits and Group Retirement consulting firms. The Company was established in 1971 and has more than 50 years of experience acting as a trusted advisor to businesses across Canada. Bajus was founded with the goal to help Canadian’s achieve their dreams through a principled approach to business that puts integrity, quality, commitment, and professionalism at the forefront.
People is a leading provider of group benefits, retirement services and human resource consulting and is the largest third-party administrator in Canada. With over 1,800 employees operating through over 50 offices across Canada, it serves organizations from coast to coast, enabled by proprietary digital platforms and solutions.