Centro Benefits Research Acquires EOI Service Company

Ethos Risk Services Acquires Claims Eval

April 2, 2024

Healthcare Services

Ethos Risk Services has acquired Claims Eval, a provider of peer and utilization review services for workers' compensation, disability, group health and behavioral health markets. The deal expands Ethos' medical management capabilities — adding Claims Eval's proprietary web-based case management platform, multi-state licensures and a national physician network of over 1,200 — and was advised by Bailey & Company to Claims Eval.

Hub International Acquires EVO Insurance Services, Inc.

April 12, 2022

Insurance

Hub International Limited has acquired the assets of EVO Insurance Services, Inc., a Chico, California-based employee benefits insurance agency. Founder Shawn Blofsky and the EVO team will join Hub Central & Northern California, providing EVO clients access to Hub's broader property & casualty, retirement and wealth services; terms were not disclosed.

MSouth Equity Partners Acquires iBenefit Communication

October 1, 2020

Professional Services

MSouth Equity Partners, an Atlanta-based private equity firm, has closed an investment in iBenefit Communication, a Charlotte-based benefits communication, engagement, and enrollment services provider. The partnership is intended to help iBenefit scale its sales, operational, and financial processes and accelerate growth.

Co-operators Acquires Smart Employee Benefits Inc.

January 3, 2023

Financial Services

Co-operators Financial Services Limited, a wholly owned subsidiary of The Co-operators Group Limited, agreed to acquire all issued and outstanding common shares of Smart Employee Benefits Inc. (SEB) for C$0.30 per share in a statutory plan of arrangement, implying an equity value of approximately C$89.1 million. The acquisition is intended to bolster Co-operators' Group Benefits capabilities by integrating SEB's benefits administration technology, SaaS products and managed services; closing is subject to shareholder, court and regulatory approvals.

ALKEME Acquires Icon Benefits and Insurance Services

July 8, 2025

Insurance

ALKEME, a Top 35 insurance brokerage, has acquired Icon Benefits and Insurance Services, a Yorba Linda-based provider of employee benefits and insurance solutions. The deal expands ALKEME's presence in Southern California and strengthens its capabilities to serve employer and individual clients with enhanced resources and technology.

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.