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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