Great West Lifeco

Great-West Lifeco (TSX:GWO) is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. Great-West Lifeco has operations in Canada, the United States, Europe, and Asia through The Great-West Life Assurance Company, London Life Insurance Company, The Canada Life Assurance Company, Great-West Life and Annuity Insurance Company and Putnam Investments, LLC. Great-West Lifeco and its companies have $546 billion in assets under administration and are members of the Power Financial Corporation group of companies.

Jon Nielsen

CFO

Raman Srivastava

Chief Investment Officer

7 past transactions

Quovo

Series B in 2018
Quovo Inc. is a financial data platform that specializes in providing connectivity and insights for consumer financial accounts from over 14,000 institutions. Founded in 2009 and based in New York, Quovo's technology enables businesses to retrieve, organize, and analyze data, thereby enhancing their customer relationships and improving service personalization. The platform offers automated portfolio data management, including features like data normalization, reconciliation, and client onboarding through Autoverified Micro-deposits. Quovo serves a diverse clientele, including small- and mid-sized investors, endowments, family offices, and financial advisors. Its solutions are utilized by notable fintech companies and retail banks, making it a vital player in the digital finance landscape. In January 2019, Quovo became a subsidiary of Plaid Inc.

EverWest Real Estate Partners

Acquisition in 2018
EverWest, a wholly owned subsidiary of GWL Realty Advisors, is a real estate investment and operating company based in Denver, Colorado. EverWest has three primary competitive advantages. The first is the mix of operating and advising experience, which provides a powerful blend of entrepreneurial execution on individual investments with institutional-quality operating infrastructure and processes. The second stems from EverWest’s decentralized acquisition sourcing and asset management capabilities, which are accessed through six regional offices. EverWest’s investment professionals typically live in their respective markets, providing the team with extensive local real estate experience.

Financial Horizons

Acquisition in 2017
Financial Horizons Group is the national, Canadian-owned and operated Managing General Agency (MGA) that offers a comprehensive selection of life/health insurance, employee benefits, pensions, investments, structured settlements, and risk management products and services to advisors throughout Canada. As an MGA, Financial Horizons Group is appointed by 24 insurance companies to distribute their products and services, through independent financial advisors to Canadian consumers.

Payfirma

Series A in 2015
[Payfirma](https://www.payfirma.com) offers small to multi-national corporations a multi-channel payment platform for mobile, ecommerce and in-store payments. Our mission is to deliver a global payment platform that is a natural extension of every growing business. Payfirma offers a payment platform that makes it simple to take payments in any way, and provides payment analytics to help people make better business decisions. Today we processes payments for thousands of businesses across North America. The PayHQ payment platform is used by local trade companies and professional services to global online retailers, national publishers, non-profits and large enterprises. We bring enterprise-level payment systems to SMBs in a simple package with amazing customer service. Our core purpose is to make it easy for people to grow their business.

Irish Life

Acquisition in 2013
Established in 1939, Irish Life is Ireland's leading life, investment and pension company. Irish Life is now part of the Great-West Lifeco group of companies, one of the world’s leading life assurance organisations. Founded more than a century ago in Winnipeg, Canada, Great-West Lifeco and its subsidiaries, including The Great-West Life Assurance Company, have a record for financial strength, earnings stability and consistently high ratings from the independent rating agencies. The Great-West Life Assurance Company has an AA rating for insurer financial strength from Standard & Poor's.
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