Employee Benefits
Alera Group Acquires Two Employee Benefit Firms
March 5, 2018
Benefit Planning Services in Connecticut and IMG Benefits Group in Texas Become Newest Alera Group Companies
DEERFIELD, IL (March 6, 2018) — Alera Group, a leading national employee benefits, property and casualty, risk management and wealth management firm, has acquired Benefit Planning Services (BPS), located in Norwalk, Connecticut, and IMG Benefits Group LLC, located in Houston, Texas. Terms of the transactions were not announced.
Benefit Planning Services (BPS), located in Norwalk, Connecticut, has been focused on providing benefits solutions since 1980. BPS offers a variety of services from group health insurance to executive benefits packages and more. With some accounts spanning three decades, BPS is dedicated to nurturing long-term client relationships. BPS will join Alera Group through local firm CBP.
IMG Benefits Group, LLC is headquartered in Houston, Texas, and focuses on the creation of strategic employee benefit programs tailored to each client’s needs. The firm has been built on five pillars: helping clients stay informed, providing client support, assisting in the implementation process, serving as an advocate and being a strategic benefits resource. IMG Benefits is committed to their clients’ success through innovative solutions. IMG Benefits will join Alera Group through local firm Ardent Solutions.
“We remain committed to acquiring firms that are committed to enhancing the client experience through a culture of collaborations. These two firms are strong additions to Alera Group,” said Alan Levitz, CEO of Alera Group. “We are excited to welcome Benefit Planning Services and IMG Benefits Group to Alera Group.”
Alera Group continues to grow organically and through acquisitions since its formation in December 2016. For more information on partnering with Alera Group, visit Partnership Opportunities at www.aleragroup.com.
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About Alera Group
Based in Deerfield, IL, Alera Group’s over 900 employees serve more than 20,000 clients nationally. Alera Group, is committed to enhancing the client experience within their employee benefits, property and casualty, risk management and wealth management practices. Alera Group is comprised of high-performing, entrepreneurial firms across the U.S. It is the 15th largest independent insurance agency and the 7th largest independent employee benefits firm in the country. For more information, visit www.aleragroup.com or follow Alera Group on Twitter: @AleraGroupUS.