BRP Group Acquires National Health Plans & Benefits Agency (NHPBA)
August 1, 2022
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.
- Buyers
- BRP Group, Inc.
- Targets
- National Health Plans & Benefits Agency, LLC
- Sellers
- National Health Plans & Benefits Agency, LLC
- Industry
- Insurance
- Location
- Michigan, United States
- Transaction Type
- Buyout
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