M&A Deal Summary

Imagine360 Acquires Healthfirst

On January 15, 2025, Imagine360 acquired business services company Healthfirst from Alera Group

Acquisition Highlights
  • This is Imagine360’s 1st transaction in the Business Services sector.
  • This is Imagine360’s 1st transaction in the United States.
  • This is Imagine360’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2025-01-15
Target Healthfirst
Sector Business Services
Buyer(s) Imagine360
Sellers(s) Alera Group
Deal Type Divestiture

Target

Healthfirst

Berwyn, Pennsylvania, United States
HealthFirst is a provider of cost management, benefit administration technology, monthly reporting, compliance support and HR support. HealthFirst was established in 1998 and is based in Berwyn, Pennsylvania.

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Buyer(S) 1

Buyer

Imagine360

Wayne, Pennsylvania, United States

Category Company
Founded 2003
Sector Insurance
DESCRIPTION

Imagine360 offers a self-funded health plan solution with reference-based pricing and provider partners with 50+ years of industry experience. Imagine360 was founded in 2003 and is based in Wayne, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

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 2 of 2
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Pennsylvania M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-21 Team Alvarez

Santa Ana, California, United States

Team Alvarez is a full-service field marketing organization specializing in Medicare Advantage and Supplemental Health Insurance. Team Alvarez is based in Santa Ana, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-07 Trinity Advisors Group

West Chester, Pennsylvania, United States

Trinity Advisors Group is a retirement plan consulting firm. Trinity Advisors Group was founded in 2006 and is based in West Chester, Pennsylvania.

Buy -