PIB Employee Benefits has bought Atwood Benefits UK (Atwood) as it continues to expand its global employees benefits business.
The addition of Atwood, a consulting firm that specialises in supporting international companies with their UK benefits, bolsters PIB’s offer for international clients and globally mobile employees.
Global benefits are an area of growing importance for companies competing for talent in cross-border labour markets.
This purchase is the latest in a number of developments at PIB. In March it acquired Amba, a benefits technology firm with a focus on sustainability and ESG, and in April 2024, the firm bought YouatWork.
Prior to this, the firm made a number of other acquisitions, including Creative Benefit Solutions, i2 Healthcare and the UK employee benefits division of Sanlam Wealth Planning.
Commenting on the latest deal, David Skinner, managing director at PIB Employee Benefits, said the team at Atwood’s “have a wealth of experience in supporting businesses and start-ups develop their benefits in the UK”, adding that he is excited to bring their expertise into PIB.
Tim Atkins, director at Atwood, said he welcomed the opportunity to “combine our strengths, broaden our expertise, and deliver even greater value to our clients”.
“I look forward to working with such a talented team and contributing to the continued growth and success of PIB Employee Benefits,” he said.
Atwood will continue trading under its existing name for the foreseeable future.
Ongoing business growth is being led by an executive team that was assembled in January this year. Joanne Neary was promoted to client services director and Sarah Harris was named operations director, with both reporting directly to managing director David Skinner.
