PIB Employee Benefits has purchased Amba, a benefits technology firm that focuses on sustainability and ESG.
This is PIB’s second technology-related M&A in 12 months. In April last year, the benefits consultancy acquired YouatWork.
The move signals a commitment to continued technology development and benefits innovation.
Jo Neary, client services director at PIB Employee Benefits, said: “We are continuously evolving our benefits technology to give clients and their employees an experience that reflects their values and needs. Our product and partnership teams will be working closely to roll-out enhanced environmentally focused offerings to all clients.”
David Skinner, managing director at PIB Employee Benefits, said: “We are excited to welcome our Amba colleagues and clients on board, as their sustainability values closely align with ours.”