WOODWARD PARK PARTNERS ADVISES SALUS GROUP IN ITS SALE TO NFP, A WHOLLY OWNED SUBSIDIARY OF AON
Aon (NYSE: AON) has acquired Salus Group through its subsidiary NFP. Salus Group, founded in 2005, is a leading independent benefits consulting, brokerage and administration firm specializing in credit unions and middle-market employers, including those with unionized workforces. The company operates nationwide from its Michigan base.
NFP, as part of Aon, provides consultative services addressing risk, workforce, wealth management and retirement challenges, employing over 7,700 colleagues across the US, Puerto Rico, Canada, UK and Ireland. Woodward Park Partners served as the exclusive financial advisor to Salus Group in this transaction.
Aon (NYSE: AON) ha acquisito Salus Group attraverso la sua filiale NFP. Salus Group, fondata nel 2005, è una delle principali società indipendenti di consulenza sui benefici, intermediazione e amministrazione, specializzata in cooperative di credito e imprese di medie dimensioni, comprese quelle con lavoratori sindacalizzati. L'azienda opera a livello nazionale dalla sua sede nel Michigan.
NFP, come parte di Aon, fornisce servizi di consulenza per affrontare le sfide relative ai rischi, alla forza lavoro, alla gestione della ricchezza e alla pensione, impiegando oltre 7.700 collaboratori negli Stati Uniti, Porto Rico, Canada, Regno Unito e Irlanda. Woodward Park Partners ha svolto il ruolo di consulente finanziario esclusivo per Salus Group in questa transazione.
Aon (NYSE: AON) ha adquirido Salus Group a través de su filial NFP. Salus Group, fundada en 2005, es una de las principales firmas independientes de consultoría de beneficios, corretaje y administración, especializada en cooperativas de crédito y empleadores de mercado medio, incluidos aquellos con fuerzas laborales sindicalizadas. La empresa opera a nivel nacional desde su sede en Michigan.
NFP, como parte de Aon, ofrece servicios de consultoría que abordan los desafíos relacionados con riesgos, fuerza laboral, gestión de patrimonio y jubilación, empleando a más de 7,700 colegas en los Estados Unidos, Puerto Rico, Canadá, Reino Unido e Irlanda. Woodward Park Partners actuó como asesor financiero exclusivo de Salus Group en esta transacción.
Aon (NYSE: AON)은 자회사 NFP를 통해 Salus Group을 인수했습니다. 2005년에 설립된 Salus Group은 신용 조합 및 중견기업을 전문으로 하는 독립적인 복리후생 컨설팅, 중개 및 관리 회사입니다. 이 회사는 미시간 본사를 두고 있으며 전국적으로 운영되고 있습니다.
NFP는 Aon's 일환으로 위험, 인력, 자산 관리 및 은퇴 문제를 해결하는 상담 서비스를 제공하며, 미국, 푸에르토리코, 캐나다, 영국 및 아일랜드에서 7,700명 이상의 동료들을 고용하고 있습니다. Woodward Park Partners는 이번 거래에서 Salus Group의 독점 재정 고문 역할을 수행했습니다.
Aon (NYSE: AON) a acquis Salus Group par l'intermédiaire de sa filiale NFP. Salus Group, fondée en 2005, est une entreprise indépendante de premier plan spécialisée dans le conseil, le courtage et l'administration des prestations, en particulier pour les coopératives de crédit et les employeurs du marché intermédiaire, y compris ceux ayant des effectifs syndiqués. L'entreprise opère à l'échelle nationale depuis son siège dans le Michigan.
Dans le cadre d'Aon, NFP propose des services de conseil pour répondre aux défis liés aux risques, à la gestion de la main-d'œuvre, à la gestion de patrimoine et à la retraite, employant plus de 7 700 collègues aux États-Unis, à Porto Rico, au Canada, au Royaume-Uni et en Irlande. Woodward Park Partners a agi en tant que conseiller financier exclusif pour Salus Group dans cette transaction.
Aon (NYSE: AON) hat die Salus Group über seine Tochtergesellschaft NFP übernommen. Die Salus Group, die 2005 gegründet wurde, ist ein führendes unabhängiges Beratungs-, Makler- und Verwaltungsunternehmen, das auf Kreditgenossenschaften und mittelständische Arbeitgeber, einschließlich solcher mit gewerkschaftlich organisierten Arbeitskräften, spezialisiert ist. Das Unternehmen operiert landesweit von seinem Standort in Michigan aus.
NFP bietet als Teil von Aon Beratungsdienste an, die sich mit Risiken, Arbeitskräften, Vermögensverwaltung und Rentenherausforderungen befassen und beschäftigt über 7.700 Mitarbeiter in den USA, Puerto Rico, Kanada, dem Vereinigten Königreich und Irland. Woodward Park Partners fungierte in dieser Transaktion als exklusiver Finanzberater für die Salus Group.
- Strategic acquisition expanding Aon's benefits consulting and brokerage capabilities
- Strengthens presence in credit union and middle-market employer segments
- Adds nationwide client portfolio to existing operations
- None.
Insights
This acquisition of Salus Group by NFP, an Aon subsidiary, represents a strategic expansion in the benefits consulting and brokerage space. The target company's specialization in credit unions and middle-market employers, particularly those with unionized workforces, fills a valuable niche in Aon's portfolio. The deal strengthens Aon's presence in the Michigan market while adding nationwide capabilities in benefits administration.
The acquisition aligns with Aon's strategy to enhance its Risk Capital and Human Capital solutions. Salus Group's expertise in benefits consultancy complements NFP's existing services across property and casualty insurance, wealth management and retirement plan advisory. This vertical integration should create operational synergies and expand cross-selling opportunities across Aon's 7,700+ colleague network in the US, Puerto Rico, Canada, UK and Ireland.
While the financial terms weren't disclosed, this type of strategic bolt-on acquisition typically carries minimal dilution risk and should be accretive to earnings within 12-18 months through cost synergies and revenue enhancement opportunities. The deal represents a continuation of Aon's disciplined M&A strategy focusing on specialized capabilities that enhance its core service offerings.
Woodward Park Partners acted as the exclusive financial advisor to Salus Group in this transaction. Michael Brillati, CEO and majority shareholder of Salus Group stated, "The Woodward Park team was instrumental in guiding us through the entire sale process, structuring an approach that resulted in a successful closing and seamless transition to the next chapter of growth for our organization."
Salus Group was founded in 2005 to provide benefits consultancy for credit unions and has since expanded its client portfolio with a particular focus on middle-market employers, including those with unionized workforces. With a base in Michigan, Salus Group works with clients nationwide.
NFP, an Aon company, is an organization of consultative advisors and problem solvers helping companies and individuals address their most significant risk, workforce, wealth management and retirement challenges. NFP's global capabilities, specialized expertise and customized solutions span property and casualty insurance, benefits, wealth management and retirement plan advisory, with more than 7,700 colleagues in the US,
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, Aon provides clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.
For more information, visit woodwardparkpartners.com.
About Woodward Park Partners
Woodward Park Partners is a middle-market focused investment banking firm. The firm specializes in providing high-touch advisory services with unparalleled senior professional involvement to financial sponsors, private business owners and publicly traded companies. The firm's expertise covers a wide spectrum of transaction types, including private company sales, divestitures, mergers & acquisitions and other financial advisory engagements. For more information, visit woodwardparkpartners.com.
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SOURCE Woodward Park Partners
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