Alera Group Acquires Four Regional Benefits and Insurance Firms
October 4, 2017
Alera Group completed the acquisition of four regional employee benefits and insurance firms — Axis Benefit Consultants (Westmont, IL), Employer Concept Insurance Services (Irvine, CA), Jeatran Associates (Menomonie, WI) and Simpson McCrady Benefits LLC (Pittsburgh, PA) — effective October 1, 2017. The transactions add more than 50 employees to Alera Group and expand its national footprint across multiple states; terms were not disclosed.
- Buyers
- Alera Group
- Targets
- Axis Benefit Consultants, Employer Concept Insurance Services, Jeatran Associates, Simpson McCrady Benefits LLC
- Industry
- Insurance
- Location
- United States
- Transaction Type
- Addon
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