Add-on Acquisition • Business Services

NFP Acquires Salus Group

On December 17, 2024, NFP acquired business services company Salus Group

Acquisition Context
  • This is NFP’s 24th transaction in the Business Services sector.
  • This is NFP’s 117th transaction in the United States.
  • This is NFP’s 3rd transaction in Michigan.

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M&A Deal Summary

Date December 17, 2024
Target Salus Group
Sector Business Services
Buyer(s) NFP
Deal Type Add-on Acquisition

Target Company

Salus Group

Sterling Heights, Michigan, United States
Salus Group is an independent employee benefits consulting, brokerage, and administration firm. Salus Group was founded in 2005 and is based in Sterling Heights, Michigan.
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Buyer Overview 1

Buyer

NFP

Austin, Texas, United States

Category Company
Sector Insurance
Revenue 1.1B USD (2013)
DESCRIPTION

NFP is a provider of benefits solutions for companies of all sizes and in the delivery of life insurance and wealth management solutions for high net worth individuals. NFP's independent broker/dealers offers a wide range of choices from some of the nation’s top investment companies. NFP is based in Austin, Texas.


Deal Context for Buyer #
Overall 152 of 159
Sector: Business Services 24 of 25
Type: Add-on Acquisition 150 of 157
State: Michigan 3 of 3
Country: United States 117 of 122
Year: 2024 15 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-10 Capstone Strategies

Midland, Texas, United States

Capstone Strategies is a property and casualty (P&C) and benefits broker that offers insurance carriers in the marketplace by providing strategic coverage for clients. Capstone Strategies was formed in 2006 and is based in Midland, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-08 The HR Suite

Dublin, Ireland

The HR Suite is a human resources consultancy and training business that offers HR system solutions and HR outsourcing services to help large employers, multinational companies and small and medium-sized enterprises improve and streamline their human resources functions. The HR Suite was formed in 2009 and is based in Dublin.

Buy -