Alera Group Acquires Three Regional Insurance Firms
December 19, 2017
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.
- Buyers
- Alera Group
- Targets
- Armstrong/Robitaille/Riegle Business and Insurance Solutions, Hallberg Commercial Insurers, Inc., Employee benefits division of Walker Higgins Associates
- Industry
- Insurance
- Location
- United States
- Transaction Type
- Addon
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