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VANCOUVER, British Columbia, July 13, 2021 (GLOBE NEWSWIRE) The GroupHEALTH Family of Companies today announces that it has entered into an agreement to acquire a minority interest in CDAT Software Inc, the makers of Oliver Benefits Administration Software. Oliver provides a modular, robust technology platform to Canadian benefits and pension administrators to help them affordably and flexibly scale their administrative operations.
Following the closing of the transaction, Group Health Group Holdings, Inc. (known as the GroupHEALTH Family of Companies) will own a minority interest in CDAT Software Inc. CDAT and their Oliver Benefits Administration Software platform is completely aligned with our strategy of creating a more efficient and flexible plan administration solution for Canadian benefits and pension organizations, says Matt Houghton, CEO, GroupHEALTH Family of Companies. Not only is CDAT well positioned to grow their market share, their focus on technology-op
GroupHEALTH acquiring B C -based benefits provider benefitscanada.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benefitscanada.com Daily Mail and Mail on Sunday newspapers.
A subsidiary of Germany-based Munich Re Group is acquiring Group Health Group Holdings Inc. Munich Re New Ventures Inc., which previously held a 40 per cent stake in GroupHEALTH, will now own 100 per cent of the company. Matt Houghton, chief executive officer of GroupHEALTH, will continue to lead the company with his executive team, […]