Lockton Announces Acquisition of Employee Experience Company
The move to full ownership strengthens capabilities in designing effective employee experiences for clients
The acquisition of BCI transitions full ownership to Lockton shareholders while maintaining seamless service and continuity for clients. Lockton and BCI were already in an ownership agreement, highlighted by shared values and a dedication to creating solutions that empower organizations and enhance employee wellbeing.
With this acquisition, Lockton strengthens its ability to design and implement innovative employee benefits strategies. Clients will benefit from:
- Enhanced resources and tools to improve workforce experiences
- Expanded capabilities in creating effective and integrated benefits solutions
- Greater access to cutting-edge systems and expertise
"This acquisition is foundational to the exceptional employee experiences we strive to design for our clients," said
"We are thrilled to become part of the Lockton family," said
Terms of the deal will not be disclosed. Subject to the completion of regulatory approvals and other conditions, the parties expect the deal to close before the end of the year.
About Lockton
What makes Lockton stand apart is also what makes us better: independence. Lockton's private ownership empowers its 13,100+ Associates doing business in more than 155+ countries to focus solely on clients' risk and insurance needs. With expertise that reaches around the globe, Lockton delivers the deep understanding needed to accomplish remarkable results. For more information, visit www.lockton.com.
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SOURCE Lockton
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