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Aon’s acquisition of Portus Consulting approved by Financial Conduct Authority

 

LONDON (2 October, 2017) – Aon plc (NYSE: AON), the leading global professional services firm providing a broad range of risk, retirement and health solutions, today announces that the Financial Conduct Authority (FCA) has approved Aon’s purchase of Portus Consulting, a highly-regarded, independent UK-based employee benefits firm. Portus has a leading position in the UK professional services market, particularly the legal sector and among SMEs with 50 to 750 employees.

The acquisition of Portus supports Aon’s ambitions to grow its UK employee benefits business both organically and through acquisition. It will join Aon Employee Benefits, which provides consultancy, broking services and technology to 2,500 large and SME corporate clients, covering over 1 million lives in the UK.

David Battle, CEO of Aon Employee Benefits, UK, said: “This is another step in our drive to continue to grow the business, both organically and through acquisition. Over the coming months, we will be working with Dave Middleton, Portus’ CEO, and the rest of the team to make sure that we bring the best of both organisations to clients.”

Dave Middleton, CEO of Portus, added: “Both the Aon and Portus leadership teams recognise the strong cultural fit between our two companies and joining Aon enhances the services we can offer our clients and provides further development opportunities for our people.”

 

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.

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Aon Media Contact:
Kay Phelps    
kay.phelps@PRinHR.co.uk
+44 (0)7710 043244

 

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