{"id":19066,"date":"2020-07-23T15:15:21","date_gmt":"2020-07-23T19:15:21","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/navacord-acquiring-ontario-based-benefits-firms-148243"},"modified":"2020-07-23T15:15:21","modified_gmt":"2020-07-23T19:15:21","slug":"navacord-acquiring-ontario-based-benefits-firms","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/07\/23\/navacord-acquiring-ontario-based-benefits-firms\/","title":{"rendered":"Navacord acquiring Ontario-based benefits firms"},"content":{"rendered":"<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"> <img decoding=\"async\" loading=\"lazy\" width=\"316\" height=\"190\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2017\/12\/Merger1.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt title=\"Navacord acquiring Ontario-based benefits firms\"> <\/div>\n<\/p><\/div>\n<p class=\"byline\"> <span>Staff<\/span>&nbsp;|&nbsp;July 23, 2020 <\/p>\n<p>Navacord Corp. is acquiring Ontario-based&nbsp;firms Selectpath Benefits and Financial Inc. and ProBenefits Consulting Inc., more than doubling its benefits revenue.<\/p>\n<p>With a strong presence in Ontario\u2019s southwest, Selectpath specializes in benefits and pension solutions for the hospital and health-care sectors, as well as a wide range of industries including transportation, automotive dealerships, technology and manufacturing.<\/p>\n<p>\u201cSelectpath deepens our leadership and expertise and expands on our multi-line approach with a broader scope of products and services,\u201d said Shawn DeSantis, president and chief executive officer, in a press release.&nbsp;\u201cThe Selectpath team brings significant new capabilities in financial planning, human resources management,&nbsp;[human resources information services]&nbsp;and payroll \u2014 something not many other brokers can offer.\u201d<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/navacord-acquires-edmonton-based-benefits-consulting-firm-132609\">Navacord acquires Edmonton-based benefits consulting firm<\/a><\/strong><\/p>\n<p>ProBenefits, also based in Ontario, specializes in designing customized and sustainable benefits and pension plans using a proprietary audit and disciplined cost-containment strategy. The addition of ProBenefits also broadens Navacord\u2019s benefits and pensions business in the Toronto area.<\/p>\n<p>\u201cNavacord continues to attract strong, like-minded brokers who wish to partner with a national organization to scale or build out their service offerings while maintaining their unique brand, culture and autonomy,\u201d&nbsp;said T. Marshall Sadd, executive chairman at Navacord, in the release. \u201cWe\u2019re happy to welcome the Selectpath and ProBenefits teams to Navacord as we continue to expand and enhance our benefits business.\u201d<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/navacord-acquiring-ontario-based-smartchoice-benefits-140542\">Navacord acquiring Ontario-based SmartChoice Benefits<\/a><\/strong><\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/navacord-acquiring-ontario-based-benefits-firms-148243\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff&nbsp;|&nbsp;July 23, 2020 Navacord Corp. is acquiring Ontario-based&nbsp;firms Selectpath Benefits and Financial Inc. and ProBenefits Consulting Inc., more than doubling its benefits revenue. With a strong presence in Ontario\u2019s southwest, Selectpath specializes in benefits&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/19066"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=19066"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/19066\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=19066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=19066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=19066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}