M&A Deal Summary

Alera Group Acquires Jowers-Sklar Insurance

On August 4, 2022, Alera Group acquired insurance company Jowers-Sklar Insurance

Acquisition Highlights
  • This is Alera Group’s 105th transaction in the Insurance sector.
  • This is Alera Group’s 125th transaction in the United States.
  • This is Alera Group’s 4th transaction in Georgia.

M&A Deal Summary
Date 2022-08-04
Target Jowers-Sklar Insurance
Sector Insurance
Buyer(s) Alera Group
Deal Type Add-on Acquisition

Target

Jowers-Sklar Insurance

Rome, Georgia, United States
Jowers-Sklar Insurance is a full-service insurance agency with customers all over Georgia and the Southeast. JSI specializes in Property & Casualty Insurance with experience personel eager to accomplish the objective of being a part of a client's life or the life of the business. Jowers-Sklar Insurance is based in Rome, Georgia.

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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 125 of 140
Sector (Insurance) 105 of 115
Type (Add-on Acquisition) 122 of 137
State (Georgia) 4 of 6
Country (United States) 125 of 140
Year (2022) 17 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-04 Lumity

San Francisco, California, United States

Lumity is a data-driven consulting company providing a modern solution for better benefits, bringing transparency and accountability to the health insurance ecosystem. The company's data technology, expertise, and education are designed as an end-to-end solution for high-growth companies seeking to competitively recruit, engage, and scale top talent. Its partnership approach to benefits powers the employer and employee experience at Lyft, Greenhouse, GoFundMe, Robinhood, Bird, and other fast-growing modern companies. Lumity was formed in 2014 and is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-06 Greenhill Insurance

Houston, Texas, United States

Greenhill Insurance provides professional liability, errors and omissions liability, employment practices liability, general liability, and hired and non-owned automobile liability coverage. Greenhill Insurance was founded in 2001 and is based in Houston, Texas.

Buy -
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