Alera Group Acquires Austin & Co., Inc.
July 11, 2019
Alera Group, a national independent insurance firm based in Deerfield, Illinois, acquired Albany-based Austin & Co., Inc., effective July 1, 2019. The acquisition expands Alera Group's employee benefits and property & casualty capabilities and strengthens its presence in the Northeast; financial terms were not disclosed.
- Buyers
- Alera Group
- Targets
- Austin & Co., Inc.
- Industry
- Insurance
- Location
- New York, United States
- Transaction Type
- Buyout
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