Description of Transaction
Sequeira Partners was engaged by Granville West Group Benefits to assist with identifying the right partner to provide a best-fit solution for its shareholders and employees, and to provide a platform for the future growth and evolution of the business.
The Sequeira team provided advisory assistance throughout the transaction including marketing the business to potential partners, negotiating preliminary and final deal terms, advising on transaction structure and consideration, as well as assisting with due diligence and other pre-closing matters.
The sale to People Corporation will allow the Company to leverage the national resources of one of Canada’s largest and fastest-growing group benefits providers. This move will strategically position the Company for continued growth through operational efficiencies whilst ensuring commitment to exceptional client service, a key driver of the Company’s success to date.
Granville West Group Benefits Consulting
Granville West Group Benefits was founded more than 40 years ago with a focus on building strong, lasting, and rewarding relationships with a client-centric focus. Granville West Group Benefits provides businesses and individuals with well-defined strategies for customized group benefits plans through independent, professional advice. Headquartered in Vancouver, the Company focuses on small to medium-sized businesses developing cost-effective strategies to support clients and their goals.
People Corporation is the largest provider of group benefits consulting, MGA, and TPA services in Canada, and a leading group retirement and pension consulting firm, with an expanding suite of value-added wealth, health, and human resource solutions. With approximately 2,400 professionals and support staff and a growing national footprint of over 80 offices, PC is bringing together leading consultants in the industry, offering innovative and customized benefit, pension, and human resources solutions to over 25,000 clients.