Securian Financial to acquire Houston-based benefits platform firm

Minnesota-based Securian Financial Group Inc. has a deal to acquire Houston-based Empyrean Benefit Solutions Inc.

The deal is expected to close by the end of the year, and Empyrean will remain an independent operation, according to a press release. Terms were not disclosed.

Securian provides investment and insurance solutions, and Empyrean Benefit Solutions runs a platform for employee benefits enrollment and human resources administration.

“This transaction underscores our commitment to creating…