M&A Deal Summary

Alera Group Acquires Cate-Russell

On January 26, 2022, Alera Group acquired insurance company Cate-Russell

Acquisition Highlights
  • This is Alera Group’s 99th transaction in the Insurance sector.
  • This is Alera Group’s 114th transaction in the United States.
  • This is Alera Group’s 3rd transaction in Tennessee.

M&A Deal Summary
Date 2022-01-26
Target Cate-Russell
Sector Insurance
Buyer(s) Alera Group
Deal Type Add-on Acquisition

Target

Cate-Russell

Maryville, Tennessee, United States
Cate-Russell is an independent insurance agency offering business, personal, and benefits insurance. Cate-Russell was founded in 1990 and is based in Maryville, Tennessee.

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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 114 of 140
Sector (Insurance) 99 of 115
Type (Add-on Acquisition) 112 of 137
State (Tennessee) 3 of 3
Country (United States) 114 of 140
Year (2022) 6 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-26 Foa & Son

New York, New York, United States

Foa & Son is an international insurance broker specializing in commercial insurance. Foa & Son's commercial insurance division, private insurance advisory service, corporate benefits practice, multinational services division, and blue water hull division provide insurance solutions to some of the most prestigious firms in the country and the world. Foa & Son was founded in 1861 and is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-12 Beck Agency

Alpharetta, Georgia, United States

Beck Agency is an insurance agency that offers key personal insurance at competitive rates for home, auto, boat and watercraft, and motorcycle coverage needs, as well as commercial insurance. Beck Agency was formed in 1997 and is based in Alpharetta, Georgia.

Buy -
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