Aon acquires Portus Consulting

Aon plc, the global professional services firm providing a broad range of risk, retirement and health solutions, has acquired Portus Consulting. Portus is an independent UK-based employee benefits firm with a leading position in the UK professional services market, particularly the legal sector and among SMEs with 50 to 750 employees.

It will join Aon Employee Benefits, which provides consultancy, broking services and technology to 2,500 large and SME corporate clients. Terms have been agreed, subject to approval by the Financial Conduct Authority (FCA), and Aon anticipates to complete the acquisition by 31 August 2017.

David Battle, CEO of Aon Employee Benefits, UK, said:

‘There is rising recognition from organisations of the importance of investing in employee benefits. Employers are increasingly encouraging staff wellbeing and retirement savings, which is putting the UK employee benefits market in a period of steady growth. Portus is a great strategic and cultural fit for our business, helping us to consolidate and strengthen our position in the market. Portus has an excellent team, a wealth of knowledge and experience, along with some great technology solutions which complement our own products and services.’