Mergers and Acquisitions - GreenShield has acquired Kii Health's Canadian mental health services segment, integrating it into its digital health platform GreenShield+ [1] - RFA Capital Holdings Inc. has rebranded to RFA Financial Inc. after acquiring Artis Real Estate Investment Trust in an all-share deal, with former Artis unitholders owning 68% of the combined company [2] - Navacord and Acera have completed their merger, creating one of Canada's largest privately held insurance and wealth advisory firms with $7.2 billion in insurance premiums and $7.5 billion in retirement assets [3] - ATB Financial has launched ATB Cormark Capital Markets following its acquisition of Cormark Securities Inc., expanding its capital markets capabilities [3] - Morguard Corp. has rebranded Lincluden Investment Management to Morguard Lincluden Global Investments after acquiring the firm, managing over $4 billion in assets [4] - Beazley has agreed to a $10.9 billion cash takeover offer from Zurich Insurance, representing a 60% premium to its closing share price [5] Financial Developments - Neo Financial has raised $68.5 million for its inaugural securitization program, allowing it to grow its lending portfolio significantly [2]

Core Insights - TELUS Corporation announced a strategic partnership with GTCR to support the acquisition of Workplace Options for approximately $500 million (US$350 million), net of assumed debt of about $100 million (US$70 million) [1][2] - The acquisition aims to enhance TELUS Health's position in the global wellbeing solutions market, providing services to over 150 million lives across more than 200 countries [1][5] - GTCR will invest US$200 million as part of the acquisition, leveraging its extensive healthcare investment expertise to accelerate TELUS Health's growth [1][4] Company Overview - TELUS Health is focused on becoming the most trusted wellbeing company globally, integrating advanced healthcare technology with employee support services [7] - The company provides a holistic approach to health and wellbeing, including Employee and Family Assistance Programs (EFAPs), mental health resources, and workplace wellness initiatives [7] - TELUS Health's digital health platforms empower healthcare professionals and organizations to deliver personalized care efficiently [7] Strategic Benefits - The partnership with Workplace Options will create a standardized model for delivering robust EFAP and wellbeing services, enhancing customer experience and global reach [5] - The combination of TELUS' infrastructure and Workplace Options' digital capabilities, along with TELUS Digital's AI expertise, provides a competitive advantage in the market [5] - The collaboration is expected to unlock significant growth opportunities and new revenue streams for TELUS Health [2][4]