Chicago-based Hub International Ltd. announced Tuesday that it has acquired Toronto-based Firstbrook Pointon Benefits Inc.
Firstbrook Pointon Benefits is a consulting firm specializing in benefits programs, including health & performance, benefits plan consulting, group retirement services, executive benefits and disability management. Terms of the transaction were not disclosed.
Bob Pointon, president and managing partner of Firstbrook Pointon Benefits, will join Hub Ontario. John Firstbrook, founder and CEO, has “formed a strategic alliance with Hub Ontario and will continue to play a vital role in growing the business,” Hub says in a news release.
The move follows recent, similar acquisitions by Hub, of Vancouver-based employee benefits firm Rise People Inc., in December 2018, and the acquisitions of Toronto-based Proteus Performance Management and Windsor, Ont.-based The Benefits Company, Inc. in November and April 2018, respectively.