Acquiring Company
Empower
Acquired Company
Milliman
Greenwood VillageFinancial ServicesOtherProfessional ServicesFinancial ServicesGovernment And MilitaryDescription
Empower, a subsidiary of Great-West Lifeco, has completed its acquisition of Milliman’s retirement plan and benefits administration business. This transaction significantly enhances Empower's capabilities in managing defined benefit plans and expanding its presence in the retirement services market. The acquisition underscores the company's strategic commitment to meeting the growing demand for workplace pension solutions in North America. Great-West Lifeco continues to strengthen its position in the retirement administration sector.
Fundz sees it the moment Empower makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Milliman?
Milliman was acquired by Empower, based in Greenwood Village. The deal was reported on September 30, 2026. Empowered Funds LLC is an investment firm focusing on acquiring interests in various sectors. It aims to enhance the value of its portfolio through strategic management. Empower is privately held and operates in Financial Services.
When did Empower acquire Milliman?
Empower's acquisition of Milliman was reported on September 30, 2026. Empower, a subsidiary of Great-West Lifeco, has completed its acquisition of Milliman’s retirement plan and benefits administration business. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Milliman do?
Milliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. It is privately held, operating in Other.
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