Pension fund manager OMERS says it has signed an agreement to acquire British-based recruiting firm Alexander Mann Solutions in a deal valued at about $1.4 billion.
OMERS invests and administers pensions for members from municipalities, school boards, emergency services and local agencies across Ontario.
Alexander Mann Solutions, based in London, England, helps business clients recruit and retain talent through multi-year contracts and has more than 100 clients in 85 countries.
OBJ360 (Sponsored)

Public-private collaboration is Canada’s innovation engine — but it needs fuel
Fidus Systems Inc.’s selection last year as AMD Adaptive Compute Partner of the Year is a reflection of the world-class talent the company has assembled in Ottawa. As the first

ExecHealth brings Canada’s leading advanced longevity program to National Capital Region
Ottawa’s ExecHealth was one of the first private clinics in Canada to provide personalized, ongoing primary care, having opened its doors 20 years ago this year. Now the pioneering local
The company says OMERS will help it grow and drive consolidation in what remains a large but fragmented market.
The transaction is subject to customary approvals and is expected to close in the second quarter of 2018.
OMERS had more than $95 billion in net assets as of the end of the 2017.