Alera Group Acquires Broad Reach Benefits, LLC
February 12, 2019
Alera Group, a national independent insurance firm based in Deerfield, Illinois, acquired Broad Reach Benefits, LLC, an employee benefits advisory firm headquartered in Madison, New Jersey, effective February 1, 2019; terms were not disclosed. Broad Reach will continue operating out of its New Jersey and Tennessee locations as Broad Reach Benefits, an Alera Group Agency, adding benefits capabilities to Alera's growing northeast footprint.
- Buyers
- Alera Group
- Targets
- Broad Reach Benefits, LLC
- Industry
- Insurance
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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