M&A Deal Summary

OneDigital Acquires HM Risk & Benefits

On February 11, 2021, OneDigital acquired insurance company HM Risk & Benefits

Acquisition Highlights
  • This is OneDigital’s 32nd transaction in the Insurance sector.
  • This is OneDigital’s 55th transaction in the United States.
  • This is OneDigital’s 1st transaction in Mississippi.

M&A Deal Summary

Date 2021-02-11
Target HM Risk & Benefits
Sector Insurance
Buyer(s) OneDigital
Deal Type Add-on Acquisition
Advisor(s) Waller Helms Advisors
Dowling & Hales (Financial)

Target

HM Risk & Benefits

St. Louis, Mississippi, United States
HM Risk & Benefits provides employee benefits and risk management services to clients in all 50 states and 60-plus countries. HM Risk & Benefits was founded in 1991 and is based in St. Louis, Mississippi.

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Buyer(S) 1

Buyer

OneDigital

Atlanta, Georgia, United States

Category Company
Founded 2000
Sector Insurance
DESCRIPTION

OneDigital is a provider of employee benefits for employers of all sizes, represents the new generation in health and benefits. Focused on creating harmony between people and technology. OneDigital delivers market-leading benefits solutions and is the only company offering a sophisticated combination of strategic advisory services, analytics, compliance support, technical innovations, and HR capital management tools to employers. OneDigital was founded in 2000 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 55 of 88
Sector (Insurance) 32 of 48
Type (Add-on Acquisition) 50 of 81
State (Mississippi) 1 of 1
Country (United States) 55 of 88
Year (2021) 7 of 28
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-04 Owen & Associates

Jacksonville, Florida, United States

Owen & Associates offers consulting expertise and administrative resources to plan, design, execute and deliver a health benefits strategy. Their dedicated team of licensed benefit experts has moved from the transactional approach of commoditizing benefits to a consultative approach, offering value in innovative, cost-proven solutions. Owen & Associates was formed in 1988 and is based in Jacksonville, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-18 Keever & Associates

Tampa, Florida, United States

Keever & Associates, Inc. is a full-service employee benefits agency and continues to provide assistance in plan and contribution design, competitive bidding, installation, employee education, management, and service of plans. Keever & Associates was founded in 1999 and is based in Tampa, Florida.

Buy -