M&A Deal Summary

Alera Group Acquires Blue

On October 29, 2021, Alera Group acquired staffing company Blue

Acquisition Highlights
  • This is Alera Group’s 1st transaction in the Staffing sector.
  • This is Alera Group’s 101st transaction in the United States.
  • This is Alera Group’s 15th transaction in California.

M&A Deal Summary
Date 2021-10-29
Target Blue
Sector Staffing
Buyer(s) Alera Group
Deal Type Add-on Acquisition

Target

Blue

Hollywood, California, United States
Blue is a HR consulting and communications agency specializing in internal communications, well-being program development, diversity, inclusion and belonging strategy, management of development and implementation, as well as organizational change. Blue was founded in 1997 and is based in Hollywood, California.

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Buyer(S) 1

Buyer

Alera Group

Deerfield, Illinois, United States
Category Company
Founded 2016
Sector Insurance
DESCRIPTION

Alera Group is an independent insurance and wealth management firm?offering comprehensive employee benefits, property and casualty, retirement services, and wealth management solutions to clients nationwide. Alera Group was founded in 2016 and is based in Deerfield, Illinois.

DEAL STATS #
Overall 101 of 140
Sector (Staffing) 1 of 1
Type (Add-on Acquisition) 99 of 137
State (California) 15 of 18
Country (United States) 101 of 140
Year (2021) 16 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-29 Bagwell & Bagwell Insurance

Raleigh, North Carolina, United States

Bagwell & Bagwell Insurance is a property and casualty agency providing risk management and personal and commercial insurance to clients from the coast to the mountains of North Carolina. Bagwell & Bagwell Insurance was founded in 1919 and is based in Raleigh, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-03 CBSI Benefits

Hightstown, New Jersey, United States

CBSI Benefits is an employee benefit and insurance firm for all companies that truly care about employees. CBSI Benefits was founded in 1998 and is based in Hightstown, New Jersey.

Buy -
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