NFP Acquires The HR Suite in Strategic Expansion
Deal News | Jan 08, 2025 | PR Newswire Cision NFP Corp.
In a strategic move to enhance its human capital solutions in Europe, NFP, an Aon company, recently announced the acquisition of The HR Suite, a prominent human resources consultancy and training specialist in Ireland. This transaction marks NFP’s first acquisition of an Ireland-based HR services enterprise, indicating a significant expansion of their service offerings on the continent. Founded in 2009 by Caroline Reidy, who is also a noted author and speaker in the HR field, The HR Suite provides a range of services including HR system solutions and outsourcing, benefiting a diverse clientele from small enterprises to global corporations. Reidy will now head NFP's HR division in Ireland, reporting to Colm Power, the managing director at NFP Ireland. NFP aims to leverage The HR Suite’s expertise to deliver enhanced HR services such as outplacement, employee benefits, pensions, and health and safety solutions. This acquisition aligns with NFP’s ethos of prioritizing partnerships and people-focused strategies while extending comprehensive HR services across Ireland.
Sectors
- Human Resources
- Consulting
- Insurance and Brokerage
Geography
- Ireland – The HR Suite is based in Ireland and the acquisition will impact NFP's operations within this country.
- Europe – NFP is expanding its European operations, and this acquisition is an integral part of building its presence in this geographical market.
Industry
- Human Resources – The HR Suite is a consultancy specializing in human resources solutions including training and HR system solutions.
- Consulting – NFP is a consulting firm focusing on advisory services and problem-solving across various sectors including HR.
- Insurance and Brokerage – NFP, being a part of Aon, operates as a brokerage firm providing risk management and HR solutions.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
NFP | Bidding Company | Company | NFP, an Aon company, is a global brokerage and consulting firm expanding its human capital solutions. |
The HR Suite | Target Company | Company | A leading HR consultancy and training specialist based in Ireland, acquired by NFP. |
Caroline Reidy | Key Executive | Person | Founder and managing director of The HR Suite, now leading NFP's HR division in Ireland. |