Principal completes acquisition of Beam Benefits - PFG News | RalliesPrincipal completes acquisition of Beam Benefits
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PFG• Principal completes acquisition of Beam Benefits
- Principal completed its acquisition of Beam Benefits, effective today.
- Beam serves more than 25,000 small businesses, adding digital-first benefits capabilities to Principal’s Benefits and Protection unit.
- Beam’s leadership team and more than 200 employees moved to Principal at closing.
- Beam customers and brokers are expected to see no service disruption as offerings are integrated over time.
- 2026 capital deployment and EPS growth targets were kept unchanged following the deal.
