Lussier Insurance and Employee Benefits has acquired Matière Grise, a human resources firm. Lussier’s Luc-André Lussier, chairman of the board of directors, and Michel Laurin, president and chief operating officer, along with Bertrand Lambert, president of Matière Grise, made a joint announcement that the activities of the two companies would merge as of September 15, 2022.
Matière Grise, a Laval, QC-based company in business for nearly 20 years, said it serves hundreds of clients throughout the province of Quebec. It is specialized in compensation and human resources consulting services.
Aligned with strategic vision
"This transaction is perfectly aligned with Lussier's strategic vision of growth and development in employee benefits consulting services for its corporate clients," said Luc-André Lussier. In addition, he pointed to Matière Grise's expertise in consulting services in compensation, mobilization and pay equity.
"Compensation is a current and future challenge and this acquisition will allow us to complete our service offering by supporting our clients in all aspects of their daily lives," he added.
With this acquisition, Lussier is consolidating its compensation and human resources consulting services. "This alliance will allow us to consolidate our expertise and become a major player in the compensation field, thereby enriching the experience of our clients in the area of employee benefits," said Michel Laurin.
He added that the Matière Grise team will continue its mission within Lussier. This mission is to "serve their clients well."
Diversified services
"By joining forces with Lussier, we are able to offer our clients more extensive and diversified services by allowing them to benefit from the company's global offer," said Bertrand Lambert.
As for the increased expertise, Lussier said it will diversify its insurance and employee benefits consulting services, including compensation, occupational health and safety, safety groups, group insurance and pension plans, and all areas of property and casualty insurance. Lussier said the transaction also consolidates the multidisciplinary team that provides clients with consulting services across Quebec and the rest of Canada.