Alera Group Acquires Legacy Risk & Insurance Services, LLC

Alera Group Acquires McSherry & Hudson Insurance Services

November 16, 2021

Financial Services

Alera Group, a national insurance and wealth management firm, has acquired McSherry & Hudson Insurance Services, an independent insurance brokerage based in Watsonville, California. The acquisition expands Alera Group's capabilities and industry-specific risk management expertise in agriculture, construction and real estate across Central and Northern California; terms were not disclosed.

Alera Group Acquires Related Risk

August 20, 2021

Insurance

Alera Group, a national insurance and wealth management firm, has acquired Related Risk, a third‑party administrator specializing in leave and absence management, disability and paid family leave solutions. The deal will allow Alera to integrate Related Risk’s compliance, administration and product‑deployment capabilities into its benefits platform; terms were not disclosed.

Alera Group Acquires Alper Services LLC

August 11, 2020

Insurance

Alera Group acquired Alper Services LLC effective August 1, 2020, expanding Alera's presence in Chicago and the Midwest. Alper Services — a Chicago-area insurance broker focused on property & casualty, trade credit, employee benefits and claims services — will join Alera through GCG Financial and continue serving clients in their existing roles; terms were not disclosed.

Alera Group Acquires Barkley Risk Management & Insurance

April 1, 2020

Financial Services

Alera Group acquired Barkley Risk Management & Insurance effective April 1, 2020. The acquisition expands Alera's presence into coastal California and strengthens its agriculture risk management capabilities; terms were not disclosed.

Alera Group Acquires HighRidge Insurance Services

May 14, 2019

Insurance

Alera Group has acquired HighRidge Insurance Services, a Westlake Village, California-based employee benefits firm, effective May 1, 2019. HighRidge will join Alera through its California affiliate Capital City Benefits & Insurance Services and will operate under that name as Alera expands its presence in California.

Alera Group Acquires Three Regional Insurance Firms

December 19, 2017

Insurance

Alera Group completed three add-on acquisitions effective December 1, 2017, acquiring Armstrong/Robitaille/Riegle Business and Insurance Solutions (Irvine, CA), Hallberg Commercial Insurers, Inc. (Oak Brook, IL), and the employee benefits division of Walker Higgins Associates (Spartanburg, SC). The acquisitions expand Alera Group’s regional footprints in southern California, the Chicago area, and South Carolina and increase its nationwide network of employee benefits, P&C, risk management and wealth management firms.