Mercer, a wholly owned subsidiary of Marsh & McLennan Companies MMC has acquired Kepler Associates, one of the leading U.K.-based executive remuneration specialists. The deal will enhance Mercer’s Executive Rewards operations in the U.K.
Executive Rewards is an emerging business in the global commercial marketplace. It involves the development of health, wealth and careers of the employees of clients. Mercer being a global consulting leader in talent, health, retirement and investments, intends to strengthen this business in the U.K. and Europe. The company has been helping its clients take care of their most vital asset – their employees – in an efficient manner. Mercer is seeking to expand its executive rewards business and the aforementioned deal is an extension of this agenda.
Mercer remains focused in undertaking prudent investments that boost its advisory capabilities through a proper analysis of client requirements. Kepler fulfills this condition and hence, was chosen for the transaction. While Kepler deals with board-level remuneration committees in the U.K., Mercer handles management and employee reward consulting and information services. The acquisition will enable Mercer to integrate Kepler’s expertise to assist the management and remuneration committees of organizations throughout U.K. and Europe. Thus, the deal complements Mercer’s goal of expanding its executive rewards capabilities worldwide.
Marsh & McLennan – Mercer’s parent – currently has a Zacks Rank #3 (Hold). Better-ranked stocks from insurance space include ageas SA/NV AGESY, Old Republic International Corporation ORI and Radian Group Inc. RDN. While ageas SA/NV and Old Republic International sport a Zacks Rank #1 (Strong Buy), Radian Group has a Zacks Rank #2 (Buy).
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