Alera Group Acquires CBM Insurance Agency
December 14, 2023
Alera Group, a national insurance and financial services firm based in Deerfield, Illinois, has acquired Delaware-based CBM Insurance Agency. The deal brings CBM’s commercial, personal and life & health insurance business — which serves clients across Delaware, Maryland, Pennsylvania and New Jersey — into Alera’s national platform; terms were not disclosed.
- Buyers
- Alera Group
- Targets
- CBM Insurance Agency
- Platforms
- Alera Group
- Industry
- Insurance
- Location
- Delaware, United States
- Transaction Type
- Addon
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