M&A

Alera Group expands New England presence with benefits brokerage buy

Published 2 Min Read

Alera Group is at it again. The national insurance firm announced Thursday its acquisition of Comprehensive Benefit Administrators, a Norwell, Massachusetts insurance and benefits brokerage.

This marks the Deerfield Illinois-based company’s 77th deal since Alera’s inception in 2017, according to data from investment banking and financial consulting firm Optis Partners. So far this year the firm has made 11 acquisitions including Shepler & Fear General Agency, Shomer Insurance Agency, Phalanx Healthcare Solutions, TriSure Corporation and Dohrmann Insurance Agency.

Walecia Konrad
Freelancer

Walecia Konrad is an award winning financial journalist and content producer specializing in healthcare and personal finance.


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