Future Benefits Management Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Future Benefits Management Inc. - overview
Established
1995
Location
Toronto, ON, Canada
Primary Industry
Financial Services
About
Future Benefits Management Inc. specializes in providing comprehensive benefits management services to clients, focusing on optimizing employee benefits and enhancing overall workforce satisfaction. Founded in 1995 in Toronto, Canada, Future Benefits Management Inc. operates in the benefits management sector, helping organizations streamline their employee benefits.
In June 2019, the company was acquired by Navacord Inc. , a portfolio company of Madison Dearborn Partners. Future Benefits Management Inc. offers a range of benefits management services, designed to assist organizations in effectively managing their employee benefits programs.
Their offerings include consultation services tailored to optimize benefit plans, compliance assistance, and program administration, ensuring clients can provide competitive benefits to their workforce. The company's revenue is generated through service agreements with clients, who engage Future Benefits Management Inc. for ongoing benefits management solutions. These agreements are structured around direct client interactions, with revenue reflecting the comprehensive service packages offered.
Future Benefits Management Inc. plans to enhance its service offerings and expand into new markets by 2023, specifically targeting the North American and European regions. The funding from the acquisition by Navacord Inc. will be utilized to support the development of new service lines aimed at increasing the value provided to clients.
Current Investors
Navacord Corp.
Primary Industry
Financial Services
Sub Industries
Consulting Services, Financial Services, Claims Administration & Processing, Commercial Insurance, Life Insurance
Website
www.fbmi.ca
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Future Benefits Management Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Future Benefits Management Inc. | - |
Displaying 1 - 1 of 1
Future Benefits Management Inc. - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.