National Firm Enters Massachusetts with Recent Acquisition
DEERFIELD, IL (February 1, 2018) — Alera Group, a leading national employee benefits, property/casualty, risk management and wealth management firm, has acquired Spring Consulting Group LLC, located in Boston, MA. This acquisition expands the national presence of Alera Group, establishing locations of the firm in 17 states. Terms of the transaction were not disclosed.
Spring is a multidisciplinary employee benefits and risk management consulting firm. Through innovative risk financing and wealth creation strategies, Spring works to provide long-term measurable financial benefits for each of their clients. Their expertise covers the full spectrum of organizational risk, from small group health insurance to captive insurance for large multi-national corporations.
“Our firm is focused on innovation and collaboration between associates to meet the needs of our clients. With the national resources of Alera Group, we will be able to increase the creative solutions and resource offerings available to our clients,” said Karin Landry, Managing Partner for Spring Consulting Group.
“Spring Consulting Group is an excellent addition to Alera Group. We look forward to sharing the consulting and captive management expertise of Karin and her team across our entire platform,” said Alan Levitz, CEO of Alera Group. “Adding the Spring location to Alera Group is a great way for us to enter Boston and further strengthens our presence in the northeast.”
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 850 employees serve more than 20,000 clients nationally in employee benefits, property and casualty, risk management and wealth management. Alera Group was created by merging 24 high-performing, entrepreneurial firms across the U.S. It is the 14th 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