MERCER ACQUIRES KEPLER ASSOCIATES
Mercer, a global talent, health, retirement and investments consultant, has acquired Kepler Associates. The acquisition strengthens Mercer’s UK capabilities in Executive Rewards, an area of growing importance in the global commercial marketplace.
Founded in 2000, Kepler is a leading UK-based executive remuneration specialists and currently advises over 16% of FTSE350 Remuneration Committees, as well as a growing number of companies overseas.
“Mercer helps clients develop the wealth, health and careers of their employees,” said Simon O’Regan, President of Mercer’s EuroPac region, “and expanding our executive rewards business in Europe is central to that mission. Mercer is prepared to invest in areas where we see an opportunity to anticipate client needs and in areas where we can strengthen our advisory capabilities. We are delighted to welcome the Kepler team to Mercer and look forward to working with them.”
Ilya Bonic, President of Mercer’s Talent business added: “Our intention is to build Mercer’s executive rewards capabilities globally and this marks a great step forward in the growth of our Talent business.
“In the UK, the majority of Kepler appointments are to board-level remuneration committees while Mercer’s strength is management and employee reward consulting and information services. This acquisition enables us to combine Kepler’s skills in Executive Reward with Mercer’s capabilities in the UK and globally. We will be providing an unrivalled service in an increasingly globalised pay environment.”
Gordon Clark, founder and Managing Partner of Kepler, said, “We are delighted to be joining a global organisation like Mercer. While we, at Kepler, will bring proven experience in Executive Reward to Mercer’s suite of services, our clients, in turn, will benefit from Mercer’s global reward consulting capabilities, including international and below-board pay data, insights into HR best practices and access to the huge range of talent, benefits, health, pension and information services provided by Mercer.
“Kepler will now go to market as ‘Kepler, a brand of Mercer’ highlighting that for our clients and employees it is business as usual – our clients will continue to be supported by the same team providing the same quality service but with enhanced capabilities.
“For Kepler consultants, who are all transitioning to Mercer, it is an exciting development and we are happy and impatient to start working with our new colleagues. We share the same philosophy and business principles, and this will help ensure a seamless transition for our clients.”