M&A Deal Summary

Digital Insurance Acquires The Benefit Group of New England

On February 15, 2011, Digital Insurance acquired insurance company The Benefit Group of New England

Acquisition Highlights
  • This is Digital Insurance’s 4th transaction in the Insurance sector.
  • This is Digital Insurance’s 4th transaction in the United States.
  • This is Digital Insurance’s 1st transaction in Vermont.

M&A Deal Summary
Date 2011-02-15
Target The Benefit Group of New England
Sector Insurance
Buyer(s) Digital Insurance
Deal Type Merger

Target

The Benefit Group of New England

Colchester, Vermont, United States
The Benefit Group of New England, LLC is a group insurance agency and employee benefits consulting firm serving more than 300 New England and northern New York employers.

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Buyer(S) 1

Buyer

Digital Insurance

Atlanta, Georgia, United States
Category Company
Founded 2000
Sector Business Services
DESCRIPTION

Digital Insurance, Inc. is an employee benefits platform specializing in health insurance distribution and benefits management for small and mid-sized businesses. Digital manages more than 20,000 employer clients, 250 broker partnerships and more than $1 billion in annual premiums. Digital's largest division, Digital Benefits Advisors, is a rapidly growing health benefits brokerage agency that utilizes Digital's highly scalable benefits technology platform to successfully target the SMB marketplace on a direct basis.

DEAL STATS #
Overall 4 of 31
Sector (Insurance) 4 of 28
Type (Merger) 1 of 2
State (Vermont) 1 of 1
Country (United States) 4 of 31
Year (2011) 4 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-10 Reese Yeatman & Associates

Bethesda, Maryland, United States

Reese Yeatman & Associates, Inc. is a provider of customized business insurance programs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-13 First Insurance Group

Somerset, Kentucky, United States

First Insurance Group is considered one of the premier agencies in southern Kentucky and a community leader in the region where it operates.

Buy -
Mergr

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