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Mercer has announced today that it has agreed to acquire Thomsons Online Benefits, a leading global benefits software business powered by its award-winning Darwin™ platform. According to the press release, the acquisition will see Mercer and Thomsons combine consulting and broking, with technology that is driving transformation in the way that benefits are designed, communicated and administered.
Terms of the agreement were not disclosed.
“The combination of Thomsons’ Darwin™ technology with Mercer aligns to the growing demand from multinational employers to offer a common yet locally tailored employee benefits platform that delivers the latest in creative engagement, modern design, analytic insights and administrative efficiency and support,” said Julio Portalatin, president and CEO of Mercer.
“The acquisition also drives future growth in local markets across the world where Thomsons and Mercer are already well established by putting technology at the heart of addressing employer and employee need,” he added.
According to Jacques Goulet, president, health and wealth businesses for Mercer, “Acquiring Thomsons will affirm Mercer’s commitment to anticipating clients’ rapidly evolving needs and investing in the best solutions that help them gain competitive edge and win employee hearts and minds.”
“Thomsons will align and significantly enhance our technology capabilities and we are delighted to make our highly successful partnership permanent for a best-in-class employee experience,” he continued.
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Michael Whitfield, CEO at Thomsons said: “Over the last several years, as we have grown closer to Mercer it has become increasingly clear that we have a fantastic opportunity to continue the Thomsons’ success story of the last 16 years as part of Mercer, with our Darwin™ technology helping to power future growth and business transformation.”
Additionally, Chris Bruce, managing director and Thomsons co-founder also commented: “Now global organisations have a trusted partner who has the end-to-end benefits offering and experience essential to support creating a healthier, happier and more engaged workforce.”
“Technology is changing every function of HR and the greatest opportunity to have an impact is in benefits,” he concluded.
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