Alera Group Acquires Core Benefit Solutions

Alera Group Acquires Cambridge Benefit Solutions

April 20, 2020

Insurance

Alera Group, a national employee benefits, property & casualty, retirement services and wealth management firm, acquired Cambridge Benefit Solutions (Chandler, Arizona) effective April 1, 2020. Cambridge Benefit Solutions will join Alera Group through its local affiliate Benefit Commerce Group in Scottsdale to expand local capabilities and offer clients broader national resources; terms were not disclosed.

Alera Group Acquires Bailey & Company Benefits Group

December 12, 2018

Insurance

Alera Group, a national independent insurance agency based in Deerfield, Illinois, has acquired Cincinnati-based Bailey & Company Benefits Group, an employee benefits firm. The acquisition expands Alera's employee benefits capabilities and local presence in the Cincinnati market; terms were not disclosed.

Alera Group Acquires Benefit Commerce Group

August 14, 2019

Insurance

Alera Group, a national insurance brokerage and wealth management firm, has acquired Benefit Commerce Group, an employee benefits consulting firm based in Scottsdale, Arizona. Benefit Commerce Group will continue operating under its name as an Alera Group company; terms were not disclosed. The acquisition expands Alera's employee benefits consulting capabilities and strengthens its national footprint.

Alera Group Acquires Brio Benefits

October 17, 2023

Insurance

Alera Group, a national insurance and financial services firm based in Deerfield, Illinois, has acquired Brio Benefits, an employee benefits and retirement plan consulting firm headquartered in New York. The Brio team will remain in their existing roles and the acquisition is intended to strengthen Alera Group's employee benefits capabilities and deliver expanded resources to clients; terms were not disclosed.

Alera Group Acquires Broad Reach Benefits, LLC

February 12, 2019

Insurance

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.

Alera Group Acquires Four Regional Benefits and Insurance Firms

October 4, 2017

Insurance

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.