PIB Employee Benefits has bought fellow intermediary Atwood Benefits for an undisclosed sum.
Atwood Benefits UK Ltd is a consulting firm specialising in supporting international companies with their UK benefits provision.
PIB told Health & Protection it had acquired 100% of the business and is working closely with the Atwood team to integrate everyone into the PIB structure.
The acquisition is part of PIB Employee Benefits’ ongoing investment in providing support to international clients and globally mobile employees, the firm said.
PIB added that both companies were committed to ensuring a seamless transition for existing clients, employees, and stakeholders throughout the onboarding process.
No immediate changes will be made, and Atwood Benefits UK Ltd will continue trading as such for the foreseeable.
David Skinner, managing director of PIB Employee Benefits (pictured), said: “We are delighted that the team at Atwood Benefits will be joining us.
“They have a wealth of experience in supporting businesses and start-ups to develop their benefits in the UK, and we’re excited to bring their expertise into our team.”
Tim Atkins, director of Atwood Benefits UK, added “We are thrilled to be joining PIB Employee Benefits, and welcome to opportunity to combine our strengths, broaden our expertise, and deliver even greater value to our clients.
“I look forward to working with such a talented team and contributing to the continued growth and success of PIB Employee Benefits.”