Acquired in 2013 and exited in 2017, Windley Ely is a leading Canadian provider of claims and absence management services for employers. At acquisition, Windley Ely was a high-quality regional player in its niche. Under CPS ownership, the company grew to be Canada’s largest company of its kind. Thoughtful improvements to and investment in the sales function, and substantial investment in analytics and operational intelligence were key drivers of Windley Ely’s growth.
Windley Ely was sold to a strategic acquiror in 2017, returning investors 5.5x net cash-on-cash returns (62% IRR).