M&A Deal Summary

Alera Group Acquires The Insurance Alliance of Central Pennsylvania

On July 10, 2018, Alera Group acquired insurance company The Insurance Alliance of Central Pennsylvania

Acquisition Highlights
  • This is Alera Group’s 35th transaction in the Insurance sector.
  • This is Alera Group’s 43rd transaction in the United States.
  • This is Alera Group’s 9th transaction in Pennsylvania.

M&A Deal Summary

Date 2018-07-10
Target The Insurance Alliance of Central Pennsylvania
Sector Insurance
Buyer(s) Alera Group
Deal Type Add-on Acquisition

Target

The Insurance Alliance of Central Pennsylvania

Camp Hil, Pennsylvania, United States
The Insurance Alliance of Central Pennsylvania is a collective of premier independent agency. The Alliance areas of expertise are commercial and personal asset protection, group benefits and financial services. The Insurance Alliance of Central Pennsylvania was founded in 1997 and is based in Camp Hill, Pennsylvania.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 43 of 141
Sector: Insurance M&A 35 of 115
Type: Add-on Acquisition M&A Deals 43 of 138
State: Pennsylvania M&A 9 of 17
Country: United States M&A 43 of 141
Year: 2018 M&A 16 of 28
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-25 Mike Menath Insurance

Incline Village, Nevada, United States

Mike Menath Insurance is a provider of property and casualty insurance services. Mike Menath Insurance was founded in 1981 and is based in Incline Village, Nevada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-14 Barnes Insurance & Financial Services

Fort Walton Beach, Florida, United States

Barnes Insurance & Financial Services is a performance-based, proactive, best practice benefit with two locations in northwest Florida.

Buy -