Alera Group expands nationwide footprint with acquisitions
DEERFIELD -- Alera Group, a top independent, national insurance and wealth services firm, Wednesday announced the acquisition of six agencies: Cate-Russell Insurance, Maryville, Tennessee; Foa & Son Corp., New York City; Gales Agency, Hart and Shelby, Michigan; Heritage Risk Management, Lubbock, Texas; Vital Incite, Indianapolis; and Webber & Grinnell Insurance Agency, Northampton, Massachusetts.
The teams at all six firms will continue serving clients in their existing roles in addition to working collaboratively across Alera Group's 120 locations. Their products, services and expertise will be available to Alera Group clients nationwide, the company said.
Terms of the transactions were not announced.
Alera Group is an independent, national insurance and wealth services firm with more than $850 million in annual revenue, offering comprehensive employee benefits, property and casualty insurance, retirement plan services and wealth services solutions to clients nationwide. It employs more than 3,000 professionals in its 120 offices.