Marsh McLennan’s Mercer Acquires Hexarem
Mercer (NYSE: MMC) announced on November 3, 2025 that it has acquired Hexarem, a Montreal-based boutique human resources consulting firm founded in 2013 that specializes in executive compensation and governance advisory services.
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Founded in 2013 by Patrice Gélinas and headquartered in
Teresa Palandra, Mercer Canada’s President, commented: “Hexarem’s highly respected team, extensive compensation expertise and client-centric approach align with Mercer’s culture and capabilities. Together, we are well-positioned to support Canadian organizations in navigating complex compensation challenges within today’s demanding economic landscape, helping them retain and motivate their talent to drive sustained success.”
Mercer’s clients will benefit from enhanced executive compensation capabilities and the expertise of senior consultants with decades of combined experience servicing major Canadian industries. Through the acquisition, Hexarem’s clients will gain access to Mercer’s comprehensive global capabilities, solutions and advice across HR management, retirement benefits, employee benefits and investments. They will also benefit from access to the expertise of Marsh McLennan’s other businesses, Marsh, Guy Carpenter and Oliver Wyman.
Mr. Gélinas, Hexarem’s Managing Partner, said: “This acquisition marks an exciting new chapter in our journey. We look forward to joining Mercer to offer our clients an expanded suite of workforce consulting and benefits solutions and our colleagues an opportunity to grow and develop at a global firm.”
About Mercer
Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of over
About Hexarem
Founded in 2013, Hexarem is a Canadian leader in independent compensation and governance advisory services.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251103773811/en/
Media:
Amelia Woltering
Mercer
Amelia.Woltering@mmc.com
Source: Mercer