M&A Deal Summary

Alera Group Acquires Granite Group Benefits

On January 13, 2021, Alera Group acquired insurance company Granite Group Benefits

Acquisition Highlights
  • This is Alera Group’s 76th transaction in the Insurance sector.
  • This is Alera Group’s 86th transaction in the United States.
  • This is Alera Group’s 2nd transaction in New Hampshire.

M&A Deal Summary
Date 2021-01-13
Target Granite Group Benefits
Sector Insurance
Buyer(s) Alera Group
Deal Type Add-on Acquisition

Target

Granite Group Benefits

Manchester, New Hampshire, United States
Granite Group Benefits LLC is a provider of employee benefits and commercial insurance. Granite solicit proposals for our clients from the top insurance companies across the country. This allows us to offer you competitive rates and insurance programs regardless of the size of your business or where your employees reside. Granite Group Benefits was founded in 1992 and is based in Manchester, New Hampshire.

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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 86 of 140
Sector (Insurance) 76 of 115
Type (Add-on Acquisition) 85 of 137
State (New Hampshire) 2 of 3
Country (United States) 86 of 140
Year (2021) 1 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-17 Todd Associates

Beachwood, Ohio, United States

Todd Associates, Inc. is a professional insurance agency specializing in Property & Casualty Insurance, Professional Liability Insurance, Employee Benefits Solutions, Personal Insurance, and Risk Management Consulting. Todd Associates was founded in 1939 and is based in Beachwood, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-14 CSNW Benefits

Portland, Oregon, United States

CSNW Benefits serves clients throughout the Northwest region, creating tailored employee benefits and retirement services plans. Leveraging compliance tools, HR resources, and outstanding customer services. CSNW Benefits was founded in 1975 and is based in Portland, Oregon.

Buy -
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