M&A Deal Summary

Alera Group Acquires Perspective Financial Group

On November 15, 2018, Alera Group acquired financial services company Perspective Financial Group from Mosaic Private Equity

Acquisition Highlights
  • This is Alera Group’s 2nd transaction in the Financial Services sector.
  • This is Alera Group’s 50th transaction in the United States.
  • This is Alera Group’s 11th transaction in Pennsylvania.

M&A Deal Summary
Date 2018-11-15
Target Perspective Financial Group
Sector Financial Services
Buyer(s) Alera Group
Sellers(s) Mosaic Private Equity
Deal Type Add-on Acquisition

Target

Perspective Financial Group

Berwyn, Pennsylvania, United States
Perspective Financial Group is a wealth management firm, based in Berwyn, Pennsylvania.

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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 50 of 140
Sector (Financial Services) 2 of 4
Type (Add-on Acquisition) 50 of 137
State (Pennsylvania) 11 of 16
Country (United States) 50 of 140
Year (2018) 23 of 28
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-09 GLB Insurance Group of Nevada

Las Vegas, Nevada, United States

GLB Insurance Group of Nevada is a full-service insurance agency committed to creating innovative policies and providing unparalleled customer service. GLB group serves over ten different industries in the areas of commercial insurance, life and health insurance, workers compensation, personal insurance and surety bonds. GLB Insurance Group of Nevada was founded in 1941 and is based in Las Vegas, Nevada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-20 Orion Risk Management Insurance Services

Newport Beach, California, United States

Orion Risk Management Insurance Services is a full-service commercial insurance broker and risk management firm. Orion offers a broad range of insurance coverage in property-casualty, workers’ compensation, employee benefits, and captive solutions. Orion Risk Management Insurance Services was founded in 2001 and is based in Newport Beach, California.

Buy -

Seller(S) 1

SELLER

Mosaic Private Equity

Wilmslow, United Kingdom

Investor Investor

Category Private Equity Firm
Founded 2006
Size Small
Type Sector Agnostic
DESCRIPTION

Mosaic Private Equity Ltd is a UK private equity firm focused on investments in traditional industries. Mosaic looks to invest £500,000 to £10 million in companies generating at least £1 million in profits. The Firm generally provides funding for management buyouts, development needs, acquisition financings, or shareholder liquidity. Mosaic Private Equity Ltd was formed in 2006 and is based in Manchester.

DEAL STATS #
Overall 4 of 6
Sector (Financial Services) 1 of 2
Type (Add-on Acquisition) 2 of 2
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-01 Engage

Manchester, United Kingdom

Engage is a colleague engagement platform that creates thriving communities. We combine an unmatched understanding of engagement in business with consumer-grade technology. Engage was founded in 2013 and is based in Manchester, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 Love Corn

Hampshire, United Kingdom

Love Corn is a delicious crunchy corn kernels are made with simple ingredients, bold flavors & the perfect crunch. Love Corn was founded in 2017 and is based in Hampshire, United Kingdom.

Buy -
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