Press release | Richter Acted as Exclusive Financial Advisor to ASEQDecember 2020
Richter Advisory Group Inc. (Richter) acted as exclusive financial advisor to Alliance Pour La Santé Étudiante Au Québec Inc. (“ASEQ”), in the sale of the business to People Corporation. Established in 1996, ASEQ is a leading provider of student health and dental plans in Canada, providing plans for approximately 650,000 students through approximately 100 student associations and post-secondary institutions in six provinces across Canada. People Corporation is a national provider of group benefits, group retirement, wellness and human resource solutions.
The transaction was led by Richter’s Alon Wexler and Ben Campagnale and supported by Mitch Stein, Andreea Norocel and Jean-Éric Laniel. The transaction highlights Richter’s ability to navigate the complex transaction process, particularly in the current environment, and find the right partners for each client and mandate.
Richter is a boutique advisory firm that specializes in advising business owners, their families, corporate executives and key stakeholders. We provide our clients with comprehensive advisory services in the areas of mergers and acquisitions, valuations, strategy, financial restructurings, accounting, tax and wealth management services.
About Alliance Pour La Santé Étudiante Au Québec Inc.
Established in 1996, ASEQ is a leading provider of student health and dental plans in Canada, providing simple, empowering, and reliable plans for their members. Their plans help cover the cost of important health-care services that are not typically covered by provincial health care. ASEQ currently serves approximately 650,000 students through approximately 100 student associations and post-secondary institutions in six Canadian provinces.
For more information, visit www.aseq.ca
About People Corporation
People Corporation makes a difference in the lives of more than one million Canadian households by providing individual and employee group benefits, group retirement, wellness, and human resource solutions. People Corporation as over 900 professionals and offices across Canada, they offer expertise in local markets, while being supported by the resources of a publicly-traded company with a national footprint. With a diverse team of experienced consultants and support staff that have industry-specific experience they provide businesses with valuable insight and customized innovative suite of solutions.
For more information, visit www.peoplecorporation.com