Modern Group of Companies acquired by VINCI Construction
Modern Group of Companies is a construction and engineering company in New Brunswick that was supported by Doane Grant Thornton’s M&A throughout the transaction process.
Navacord Corp. acquires Beneplan
About the client
Known as a disruptor in the health benefits industry, it’s no wonder Navacord Corp. wanted to acquire Beneplan.
Beneplan was created to support small- and medium-sized business owners, enabling them to offer employees affordable health benefits—a luxury typically reserved for big businesses.
Built within a cooperative structure that pays back surpluses to its members, this unique business model has set Beneplan apart in the health benefits space since the early 2000s.
With their collective bargaining power, they’ve been able to secure low premiums and keep true to their principles of ethics, honesty, and transparency.
Deal summary
Client
Beneplan
Transaction type
Divestiture
Services provided
M&A
Sector
Insurance
Close date
April 2022
The client experience
"The Grant Thornton team was in our corner every step of the way and their expertise was invaluable in helping us through this complex transaction process. They provided us with professional advice and peace of mind in achieving the outcome we wanted. If you’re considering an M&A transaction, you need to speak with this team first.”
Yafa Sakkejha, CEO
Beneplan
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