Voya to Acquire OneAmerica’s Retirement Plan Business

INVESTMENT MANAGEMENT DEALS BLOG

October 2, 2024

On September 11, 2024, the two firms announced that Voya Financial, Inc. will acquire OneAmerica Financial, Inc.’s retirement plan business.

Voya Financial, Inc. (“Voya”) and OneAmerica Financial, Inc. (“OneAmerica”) announced, on September 11, 2024, that the firms entered into a definitive agreement for Voya to acquire OneAmerica’s retirement plan business. Further terms of the transaction were not disclosed.

Voya (NYSE: VOYA), headquartered in New York City, is a health, wealth and investment company. Voya has over $861 billion in assets under management.

OneAmerica, based in Indianapolis, Indiana, is a financial services firm that provides services in life insurance, annuities, retirement plans, employee benefits and long-term care. OneAmerica’s retirement plan business has over $60 billion in assets under administration.

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