BRP Group Acquires Only Medicare Solutions

BRP Group (Guided Medicare Solutions) Acquires Seniors' Insurance Services of Washington

April 26, 2021

Financial Services

BRP Group, Inc., through its indirect subsidiary BRP Medicare Insurance III, LLC operating as Guided Medicare Solutions, entered into an agreement to acquire substantially all assets of Seniors' Insurance Services of Washington, Inc., a Freeland, Washington-based independent Medicare insurance agency. The acquisition (a strategic Partnership) expands BRP/Guided's Medicare presence in the Pacific Northwest; Seniors' Insurance Services will be rebranded under the Guided banner following the close.

BRP Group Acquires National Health Plans & Benefits Agency (NHPBA)

August 1, 2022

Insurance

BRP Group, Inc. (NASDAQ: BRP) acquired substantially all the assets of National Health Plans & Benefits Agency, LLC (NHPBA), a Fraser, Michigan-based provider of individual health insurance products. NHPBA brings ~50 colleagues, approximately $11.4 million of revenue and a growing Medicare practice, and will operate within BRP Group's Guided Solutions operating group.

SG Benefit Providers Acquires Medicare Group USA

May 2, 2024

Insurance

SG Benefit Providers has acquired Medicare Group USA for over $5 million, expanding its portfolio to five insurance companies and materially increasing its scale. The deal, supported by advisor ThinkEquity and a $2 million line of credit from REV Capital, is intended to accelerate SG Benefit Providers' M&A and organic growth strategy and enhance its Medicare-focused capabilities, tech and marketing IP.

Senior Market Sales (SMS) Acquires Medicare Solutions Network

September 6, 2022

Insurance

Senior Market Sales (SMS), an insurance marketing organization and part of the Alliant family, has acquired Medicare Solutions Network, a Lisle, Illinois-based Medicare insurance agency known for its popular educational Medicare workshops. The deal brings Medicare Solutions Network onto SMS’s platform to leverage SMS’s technology, back-office support and carrier relationships to expand reach in the Chicago-area senior market.

Senior Market Sales (SMS) Acquires Medi-Solutions Insurance Agency

December 12, 2023

Insurance

Senior Market Sales (SMS), an Omaha-based insurance marketing organization, has acquired Medi-Solutions Insurance Agency, LLC (which operates as First Jersey Insurance Agency in New Jersey). The deal expands SMS’s Medicare distribution network and provides Medi-Solutions’ agents access to SMS proprietary technology, back-office support and marketing systems to drive growth and retention.

U.S. Retirement & Benefits Partners Acquires MidAmerica Administrative & Retirement Solutions

January 3, 2022

Financial Services

U.S. Retirement & Benefits Partners (USRBP) has acquired MidAmerica Administrative & Retirement Solutions from Alpine Investors. The acquisition combines MidAmerica’s public-sector retirement and health & welfare plan administration capabilities with USRBP’s national platform to deepen market coverage and expand service capabilities for K-12, higher education and government clients.