Mercer to Acquire GAMA Consultores Associados in Brazil
November 09 2015 - 11:31AM
Business Wire
- Brasilia-based firm will extend
Mercer footprint into central region
- Complements Mercer offerings with
strong pension consulting business
Mercer, a global consulting leader in advancing health, wealth
and careers, and a wholly owned subsidiary of Marsh & McLennan
Companies (NYSE:MMC) announced today the intended acquisition of
GAMA Consultores Associados, one of the largest independent
retirement consulting firms in Brazil.
Through the acquisition of GAMA, Mercer will gain a presence in
Brasilia in addition to our existing operations in Sao Paulo and
Rio de Janeiro. Our expanded footprint will allow us to better
serve clients in the northeast and central parts of Brazil. We will
also be adding a talented team of actuaries.
“Growth in the Brazilian market is part of our aim to bring
innovative and market-leading solutions to clients everywhere they
operate,” said David Anderson, President, Growth Markets Region for
Mercer. “The combination of GAMA and Mercer will provide a business
partner for growth to multinational clients operating in Brazil as
well as local and regional clients seeking to expand outside of
Latin America.”
“Our union with Mercer brings unique competitive advantages for
our people, our clients and the market,” said Antonio Fernando
Gazzoni, founder and President of GAMA. “The ability to deliver
expanded international expertise, drive intellectual capital, and
create differentiated products and solutions is aligned with our
commitment to provide our clients with access to the best advice in
the marketplace. Our combination with Mercer makes the
possibilities for our clients and our people all that much
greater.”
“This strengthens our ability to serve the Brazilian market with
world class retirement and health benefits solutions,” said
Mauricio Amaral, CEO of Mercer Brazil. “GAMA’s strong brand and
reputation for client service make them a culturally aligned
partner for Mercer. Together we will have an outstanding team of
professionals with the ability to expand our complementary
retirement services offerings as well as deliver additional Mercer
solutions and products in all the key regions of Brazil.”
The transaction is expected to close in the fourth quarter of
2015. Terms of the deal were not disclosed.
About Mercer
Mercer is a global consulting leader in talent, health,
retirement and investments. Mercer helps clients around the world
advance the health, wealth and careers of their most vital asset –
their people. Mercer’s more than 20,000 employees are based in 43
countries and the firm operates in over 140 countries. Mercer is a
wholly owned subsidiary of Marsh & McLennan Companies (NYSE:
MMC), a global professional services firm offering clients advice
and solutions in the areas of risk, strategy and people. With
annual revenue of $13 billion and 57,000 colleagues worldwide,
Marsh & McLennan Companies is also the parent company of Marsh,
a leader in insurance broking and risk management; Guy Carpenter, a
leader in providing risk and reinsurance intermediary services; and
Oliver Wyman, a leader in management consulting. For more
information, visit www.mercer.com. Follow Mercer on Twitter
@Mercer.
About GAMA
Founded in 1998 by Antonio Fernando Gazzoni, GAMA Consultores
Associados is a Brazilian company specialized in providing
consulting and advisory services for the health and private
pensions segments. The firm’s main focus is the development and
design of pension plans and actuarial valuations along with audits
in the actuarial, pension and health plan sectors.
With a highly specialized team of professionals, GAMA seeks to
establish a trust-based relationship with its target audience and
has become widely known for high quality services, having built an
expansive client portfolio throughout the years. GAMA is one of the
largest independent actuarial consultancies in Brazil.
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