Aon Media Center

Aon Completes Sale of Outsourcing Platform
Deal sharpens focus on delivering advice and solutions for clients, accelerates innovation and improves return on invested capital

LONDON (May 1, 2017)Aon plc (NYSE: AON) today announced that it has completed the sale of its benefits administration and HR BPO platform to private equity funds affiliated with Blackstone for cash consideration of $4.3 billion at closing, and additional consideration of up to $500 million based on future performance. Total after-tax cash proceeds were approximately $3.0 billion after customary working capital and other adjustments.

“The completion of this transaction reinforces our position as the leading global professional services firm providing a broad range of risk, retirement and health solutions,” said Greg Case, president and chief executive officer, Aon plc. “The incremental capital we have generated allows us to accelerate investment in our proprietary data and analytics capabilities and pursue new opportunities to address emerging client needs, similar to recent acquisitions in the cyber risk advisory and health solutions space.”


About Aon
Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

To learn more about the sale, please visit: www.aon.com/acceleratinginnovation

Follow Aon on Twitter: https://twitter.com/Aon_plc
Sign up for News Alerts: http://aon.mediaroom.com/index.php?s=58

Media Contact:
Donna Mirandola
Senior Director, External Communications
+1 312 381 1532

If you elect to comment or engage with our content via third-party social media websites, you authorize Aon to have access to certain social media profile information. Please click here to learn more about information that may be collected when using these tools on Aon.com

email Email   print Print   rss