Advised Thomsons Online Benefits, a leading global SaaS provider of employee benefits and engagement software, on its sale to Mercer 
– Founded in 2000 and headquartered in London, Thomsons Online Benefits is a SaaS provider of global employee benefits and employee engagement software
– In 2013-15 the company successfully transitioned from a commission business model to a technology-driven SaaS business model
– It has over 1 million worldwide users and connects employees with their benefits in over 80 countries and 24 languages
– Thomsons Online Benefits also has operations in Cluj-Napoca (Romania), Singapore and San Francisco, employing approximately 500 people in total
– Mercer is a global consulting leader in talent, health, retirement and investments helping clients around the world to advance the health, wealth and careers of their employees
– The company employs over 20,000 employees across 43 countries and operates in over 140 countries
– It is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people
– This acquisition combines a world class consulting and broking with innovative best of breed technology that is driving transformation in the way that benefits are designed, communicated and administered
– This combination meets 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
– Additionally, it will provide Thomson’s clients with world class broking and consulting, as well as offering the ability to continue to work with Thomsons as an agnostic technology solution
– Mercer approached Thomsons Online Benefits with a pre-emptive proposal. Arma Partners ensured that Mercer maintained its price under the threat of a competitive process
– This transaction highlights Arma Partners’ long-standing track record of working with European clients to secure landmark high-value exits to strategic acquirers in North America
– The transaction also illustrates Arma’s leadership in advising companies in the application software sector, leveraging Arma Partners’ deep domain expertise and first class execution capabilities