M&A Deal Summary

NFP Acquires Salus Group

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2024-12-17
Target Salus Group
Sector Business Services
Buyer(s) NFP
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
Overall 152 of 152
Sector (Business Services) 24 of 24
Type (Add-on Acquisition) 150 of 150
State (Michigan) 3 of 3
Country (United States) 117 of 117
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.

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