On December 15, 2016, Mercer, a North America-based global consulting and services firm announced that it has agreed to acquire Thomsons Online Benefits, a UK-based global benefits and employee engagement software firm. This acquisition is one more in a series of M&A activities in the employee benefits space over the last two to three years, pointing in the direction of increased service provider focus on providing end-to-end solutions in their areas of core expertise. These include Aetna’s acquisition of Bswift, benefitexpress’s acquisition of benefitsCONNECT, and many other such deals.
This viewpoint analyzes the acquisition of Thomsons Online Benefits by Mercer to identify the key drivers behind the development, implications for the market, and key developments to watch for, going forward.
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