What's Happening?
Howden has announced its acquisition of Evelyn Partners Financial Services (EPFS), a move aimed at enhancing its employee benefits practice. The acquisition, expected to be completed in the first quarter of 2026 pending regulatory approval, will see 38
professionals from EPFS join Howden's team across various UK locations. This strategic expansion is designed to bolster Howden's capabilities in providing comprehensive employee benefits solutions, including consultancy services on group risk, healthcare benefits, employee engagement, and wellbeing packages. Gareth Sawyer, leading the EPFS team, will report to Cheryl Brennan, managing director of Howden Employee Benefits.
Why It's Important?
The acquisition underscores Howden's commitment to strengthening its position in the employee benefits sector, particularly in the mid-market and fast-growing firms. By integrating EPFS's expertise, Howden aims to offer enhanced services and fresh thinking to corporates seeking global employee benefits solutions. This move reflects a growing trend in the industry where companies are increasingly focusing on employee wellbeing and engagement as key components of their business strategy. The expansion is likely to benefit Howden's clients by providing more tailored and comprehensive benefits packages, potentially improving employee satisfaction and retention.
