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  6. Alera Group Acquires SIG

M&A Deal Summary

Alera Group Acquires SIG

On January 4, 2017, Alera Group acquired insurance company SIG

Acquisition Highlights
  • This is Alera Group’s 11th transaction in the Insurance sector.
  • This is Alera Group’s 12th transaction in the United States.
  • This is Alera Group’s 1st transaction in Maryland.

M&A Deal Summary
Date 2017-01-04
Target SIG
Sector Insurance
Buyer(s) Alera Group
Deal Type Add-on Acquisition

Target

SIG

Baltimore, Maryland, United States
SIG (Silberstein Insurance Group) is an employee benefits firm dedicated to partnering with clients and delivering exceptional customer service. SIG has over 40 licensed employees who service more than 400 corporate clients with employees located nationally and internationally, as well as engaging programs focused solely on the health and wellness of employees.

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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 12 of 141
Sector: Insurance M&A 11 of 115
Type: Add-on Acquisition M&A Deals 12 of 138
State: Maryland M&A 1 of 4
Country: United States M&A 12 of 141
Year: 2017 M&A 12 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-04 A&B Insurance and Financial

Tampa, Florida, United States

A&B Insurance and Financial, Inc. is a provider of affordable health insurance and small group health insurance for individuals, families, and businesses in Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-08 Striewig Bonding Agency

Wormleysburg, Pennsylvania, United States

Striewig Bonding Agency, Inc. is a bonding agency that manages domestic and international surety programs for diversified industries. Striewig Bonding Agency, Inc. was founded in 1952 and is based in Wormleysburg, Pennsylvania.

Buy -
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