Mercer has acquired Thomsons Online Benefits for an undisclosed sum. The addition adds Thomsons award winning SaaS Darwin benefits solution to its global product mix, as well as access to new markets and clients across the globe.
Thomsons Online Benefits (Thomsons) was founded in 1999 by Michael Whitfield and Chris Bruce. The company quickly grew, on the back of innovative benefits solutions and its digital benefits platform Darwin, to become a global player in the benefits space – today its SaaS software benefits solution is used in 84 countries by more than 1 million users.
The addition of Thomsons and its Darwin technology to Mercer, allows the firm to provide a global – but locally aligned - employee benefits platform for its multinational clients. The addition further boosts the firm’s digital ambitions, while driving further growth in markets around the world in which the firm, and Thomsons, already have a presence.
For Thomsons, the acquisition will mean that its Darwin solution can scale further, its clients benefit from Mercer’s consultation expertise, while its employees benefit from the career and personal development opportunities offered by Mercer’s global network.
Julio Portalatin, President and CEO of Mercer says, “The combination of Thomsons’ Darwin technology with Mercer aligns to the growing demand from multinational employers to offer a common yet locally tailored employee benefits platform that delivers the latest in creative engagement, modern design, analytic insights and administrative efficiency and support. The acquisition also drives future growth in local markets across the world where Thomsons and Mercer are already well established by putting technology at the heart of addressing employer and employee needs.”
Michael Whitfield, Thomsons CEO said: “Over the last several years, as we have grown closer to Mercer it has become increasingly clear that we have a fantastic opportunity to continue the Thomsons’ success story of the last 16 years as part of Mercer, with our Darwin™ technology helping to power future growth and business transformation.”