Nouvelles et évènements

News

AGA Benefit Solutions acquires Vancouver based Aptus Benefits

September 07, 2022

MONTREAL, Sept. 7, 2022 /CNW Telbec/ - AGA Benefit Solutions, in partnership with Novacap, is pleased to announce the acquisition of Aptus Benefits. Based in Vancouver, British Columbia, Aptus Benefits specializes in group benefits and retirement plans and offers expertise in collectively bargained plans and executive disability programs. Aptus Benefits' services include the development of customized plans for clients, as well as the redesign and management of complex plans.


Novacap completes investment in Canada’s largest online marketplace for financial services Ratehub.ca

July 14, 2022

MONTREAL, July 14th, 2022 – Novacap, a leading North American private equity firm, announced today that it has entered a partnership with Ratehub.ca, a Toronto-based online financial marketplace that provides Canadians with price comparisons on financial products like mortgages, credit cards, insurance products and more. Ratehub.ca also offers Canadians access to in-house mortgage, auto insurance and home insurance brokers. This transaction marks the fifth platform acquisition of Novacap's first financial services fund.


Business acquisition - AGA Benefit Solutions acquires Ontario based J&D Benefits

January 20, 2022

MONTREAL, Jan. 20, 2022 /CNW Telbec/ - AGA Benefit Solutions, in partnership with Novacap, is pleased to announce the acquisition of J&D Benefits. Based in Markham Ontario, J&D Benefits offers customized benefit administration services, specializing in multi-provider, flexible benefits, and multi-employer platforms.



GROUPASSUR EXPANDS OFFERING WITH THE ACQUISITION OF EAGLE UNDERWRITING

October 26, 2021

MONTRÉAL, Canada, October 26th , 2021 – GroupAssur, a Canadian Managing General Agent ("MGA") specializing in Property and Casualty ("P&C") insurance lines, today announced the acquisition of Eagle Underwriting (“Eagle”), an independent managing agent who has been writing insurance for “Things That Move”, delivering superior products, underwriting expertise, and first class claims service to brokers and their clients in Canada and the United States. Novacap, one of Canada's leading private equity firms who has owned majority interest in GroupAssur since 2020, is pleased to see GroupAssur act on its objectives to enhance its offering and expand its footprint beyond Canadian borders.


AGA Benefit Solutions acquires PPI Benefits, expands nationwide

October 05, 2021

AGA Benefit Solutions, in partnership with Novacap, is pleased to announce the acquisition of PPI Benefits, including its subsidiaries Agile Benefits and BenefitsMyWay. PPI Benefits was a subsidiary of PPI, a leading national insurance marketing organization and subsidiary of iA Financial Group.

 


NOVACAP ANNOUNCES FINAL CLOSING OF CANADA’S FIRST PE FUND SPECIALIZING IN THE FINANCIAL SERVICES INDUSTRY

September 30, 2021

MONTREAL, QC, September 30th, 2021 - Novacap, a leading North American private equity firm, today announced the final closing of the firm’s very first fund dedicated entirely to financial services. The fund raised an astounding C$417 million from institutional investors, family offices and high net worth investors.  Trans-Canada Capital, one of the country’s leading investment management firms, acted as the lead investor.


Wagner Bujold Leduc Benefits+Actuarial (WBL) and AGA Benefit Solutions join forces

September 09, 2021

Wagner Bujold Leduc Benefits+Actuarial (WBL), a Quebec City company specializing in group insurance and actuarial services, and AGA Benefit Solutions, the Quebec leader in the development and administration of customized group insurance plans, are joining forces. The new group will be capitalizing on WBL's in-depth brokerage and analysis experience combined with AGA's exclusive and innovative products and services to develop new markets across Canada.


GroupAssur merges with Evolution Insurance

April 20, 2021

GroupAssur becomes the Largest Independent Canadian-owned P&C Managing General Agent with this merger

MONTRÉAL, April 20, 2021 /CNW Telbec/ - GroupAssur, a Canadian Managing General Agent ("MGA") specializing in Property and Casualty ("P&C") insurance lines, today announced that it has merged with Evolution Insurance ("Evolution"), an MGA and wholesaler specializing in complex risks that offers its facilities, programs and services to Canadian brokers. Novacap, one of Canada's leading private equity firms, owns a majority interest in GroupAssur. Following the combination, each company will initially continue to operate under their existing brand names, with an objective of full integration in 2022.


NOVACAP ACQUIRES INTEREST IN AGA FINANCIAL GROUP

October 05, 2020

MONTREAL, October 5, 2020 - Novacap, one of Canada's leading private equity firms, announced that it acquired an interest in AGA Financial Group Inc. (“AGA”), one of Quebec’s leading employee benefits advisory firms and third-party administrators of group insurance and retirement plans.