Alterity Group Acquires CIC Group

August 19, 2022

Alterity Group, a wholly-owned subsidiary of NFP, has acquired CIC Group, a Buffalo, New York–based boutique commercial insurance consultancy. The CIC principals — Timothy McMullen, Gina Teresi and Chris O'Donnell — joined Alterity to expand its property & casualty and risk management capabilities to better serve private equity and portfolio company clients; the deal closed on August 19, 2022.

Buyers
Alterity Group, NFP
Targets
CIC Group
Industry
Insurance
Location
New York, United States
Transaction Type
Buyout

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