Hub International Acquires The Shares Of Quebec-Based Benefits Brokerage
- May 07, 2018
Hub International Acquires The Shares Of Quebec-Based The dElta Group
CHICAGO, IL – Hub International Limited (Hub), a global insurance brokerage, announced that it has acquired the shares of Les Avantages Sociaux Delta Inc., operating as The dElta Group. Terms of the acquisition were not disclosed.
With offices in the greater Montreal area, The dElta Group is a multidisciplinary benefits brokerage that provides support and actuarial services for group insurance and retirement plans, as well as human resources and disability management, for mid-size and large businesses in Canada. The company is the result of an amalgamation of Les Advantages Sociaux Delta Inc., Ressources Humaines Delta Inc., and Le Groupe Financier Tanner-Deland Inc.
"Since founding The dElta Group more than 20 years ago, our goal has always been to be a strategic employee benefits and HR partner for clients," said Roger d'Eschambault, Founder and Chairman of The dElta Group. "By joining Hub, we gain scale and the infrastructure for tremendous growth given the multitude of additional resources and capabilities that exist within Hub. This will allow us to provide even more tailored benefits solutions for our clients while maintaining our highly personal approach to administering benefits and retirement plans."
The dElta Group team will join Hub Quebec, and d'Eschambault will report to Stephen Blais, President of Hub Quebec.
"The dElta Group has earned a strong reputation in the employee benefits and retirement industry based on its experience, relationships with the pension plan providers in Canada and a client-centric approach to servicing hundreds of Canadian companies," said Blais. "We're excited to welcome The dElta Group team to Hub as they will strengthen our benefits and retirement offering throughout Canada."
"We remain committed to acquiring firms that are focused on enhancing the client experience through a culture of collaboration and building a robust set of complimentary services that round out the benefits and HR experience for our clients," said Mike Barone, Hub's North American President of Employee Benefits. "The dElta Group is a great fit for our strategy, and we're thrilled to welcome Roger and The dElta Group to Hub."