Employee Benefits
Alera Group Acquires HighRidge Insurance Services
May 14, 2019
Alera Group, a leading national insurance firm, today announced its acquisition of HighRidge Insurance Services (HighRidge), effective May 1, 2019.
HighRidge, located in Westlake Village, California, provides employee benefits services to clients throughout the state. With an emphasis in strategy consulting, the firm designs benefit and retirement plans tailored to meet each of their unique clients’ needs.
“The HighRidge team brings powerful industry expertise to Alera Group, particularly as we grow our presence throughout California,” said Alan Levitz, CEO of Alera Group. “We continue to expand with new partners nationally, who align with our collaborative culture. We welcome the addition of HighRidge to the Alera Group team.”
“We are excited to become an Alera Group company, as it will provide many opportunities to partner with the leading firms in our industry,” said Kevin Mencarelli, Managing Partner of HighRidge. “We look forward to exceeding our clients’ expectations with the vast resources of Alera Group, while continuing to maintain and strengthen our local relationships.”
HighRidge will join Alera Group through California firm Capital City Benefits & Insurance Services and will operate under that name.
Alera Group was formed in early 2017 and is one of the nation’s foremost independent insurance agencies. For more information on partnering with Alera Group, visit Partner With Us at www.aleragroup.com.
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About Alera Group
Based in Deerfield, IL, Alera Group’s over 1,600 employees serve thousands of clients nationally in employee benefits, property and casualty, risk management and wealth management. Alera Group is the 15th largest privately held firm in the country. For more information, visit www.aleragroup.com or follow Alera Group on Twitter: @AleraGroupUS.
M&A Contact
Rob Lieblein, Chief Development Officer
Email: rob.lieblein@aleragroup.com
Phone: 717-329-2451
Media Contact
Jessica Tiller, Weiss PR
Email: jtiller@weisspr.com
Phone: 443-621-7690