Alera Group Acquires Fringe Benefit Analysts

Alera Group Retirement Plan Services Acquires Fraser Group

December 12, 2023

Financial Services

Alera Group Retirement Plan Services, a division of Alera Group, has acquired Fraser Group, a retirement plan consulting practice led by industry veteran George Fraser. Fraser and his Scottsdale, Arizona–based team will join Benefit Commerce Group's retirement plan services division (an Alera Group company) to strengthen Alera's retirement plan capabilities; terms were not disclosed.

Alera Group Acquires Bailey & Company Benefits Group

December 12, 2018

Insurance

Alera Group, a national independent insurance agency based in Deerfield, Illinois, has acquired Cincinnati-based Bailey & Company Benefits Group, an employee benefits firm. The acquisition expands Alera's employee benefits capabilities and local presence in the Cincinnati market; terms were not disclosed.

Alera Group Acquires Brio Benefits

October 17, 2023

Insurance

Alera Group, a national insurance and financial services firm based in Deerfield, Illinois, has acquired Brio Benefits, an employee benefits and retirement plan consulting firm headquartered in New York. The Brio team will remain in their existing roles and the acquisition is intended to strengthen Alera Group's employee benefits capabilities and deliver expanded resources to clients; terms were not disclosed.

Alera Group Acquires Four Regional Benefits and Insurance Firms

October 4, 2017

Insurance

Alera Group completed the acquisition of four regional employee benefits and insurance firms — Axis Benefit Consultants (Westmont, IL), Employer Concept Insurance Services (Irvine, CA), Jeatran Associates (Menomonie, WI) and Simpson McCrady Benefits LLC (Pittsburgh, PA) — effective October 1, 2017. The transactions add more than 50 employees to Alera Group and expand its national footprint across multiple states; terms were not disclosed.

Alera Group Acquires Group Benefits LLC

July 10, 2017

Insurance

Alera Group, a Deerfield, Illinois-based independent insurance firm, has acquired Group Benefits LLC of Memphis, Tennessee, effective July 1, 2017. The acquisition expands Alera Group's middle-market employee benefits presence in the Mid-South and provides Group Benefits clients access to national resources and best practices.

Alera Group Acquires Granite Group Benefits

December 31, 2020

Insurance

Alera Group announced the acquisition of Granite Group Benefits, LLC effective December 31, 2020. Granite Group Benefits, a Manchester, New Hampshire-based employee benefits and risk management firm led by K. Brian McLaughlin, will join Alera’s national platform while continuing to serve clients from its existing team; terms were not disclosed.