Alterity Group (NFP) Acquires Hager Strategic

Alterity Group Acquires CIC Group

August 19, 2022

Insurance

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.

NFP Acquires Salus Group

December 17, 2024

Professional Services

NFP has acquired Benefits Partner, LLC dba Salus Group, an employee benefits consulting, brokerage and administration firm based in Sterling Heights, Michigan. The acquisition is intended to expand NFP’s employee benefits capabilities for the middle-market and deepen its presence and talent base in Michigan and the broader region.

NFP Acquires Hafetz & Associates, LLC

June 16, 2023

Insurance

NFP has acquired Hafetz & Associates, LLC, a Linwood, New Jersey-based general agent specializing in group benefits, Medicare and individual health products; the deal closed on June 16. Scott Hafetz will join NFP and report to Kate Henry as the acquisition expands NFP's health benefits capabilities and presence in the Northeast.

NFP Acquires Fallon Benefits Group, Inc.

August 16, 2021

Insurance

NFP, a leading insurance broker and consultant, acquired Fallon Benefits Group, an Atlanta-based employee benefits brokerage and consulting firm; the transaction closed July 23, 2021. The acquisition strengthens NFP's benefits capabilities and expands its middle-market expertise in the Southeast, with Fallon leadership remaining engaged post-close.

Aon to Acquire NFP

December 20, 2023

Insurance

Aon plc agreed to acquire NFP, a leading middle-market insurance broker and benefits/wealth advisor, from funds affiliated with Madison Dearborn Partners and HPS Investment Partners for an estimated $13.4 billion. The deal will be funded with $7.0 billion in cash and $6.4 billion of Aon stock, with NFP operating as an independent but connected platform under Doug Hammond and expected to close subject to regulatory approvals in mid-2024.

F2 Strategy Acquires Aliter Investment Services

July 13, 2025

Financial Services

F2 Strategy, a Chicago-based wealth management technology and marketing services firm, has acquired Aliter Investment Services, a Boston-based professional services firm specializing in operations and technology transformation for investment managers and asset servicing providers. The acquisition establishes asset servicing as F2's third core vertical, expanding the firm's capabilities across pooled investment servicing and enhancing its strategic consulting and delivery across the financial services ecosystem.