DEERFIELD, Ill. and SCOTTSDALE, Ariz., Aug. 14, 2019 /PRNewswire-PRWeb/ -- Alera Group, an independent national insurance brokerage and wealth management firm, today announced its acquisition of Benefit Commerce Group, an award-winning, results-driven employee benefits consulting firm located in Scottsdale, Arizona.
Benefit Commerce Group has had strong growth over the past 10 years as a progressive employee benefits consulting firm. The company is a four-time honoree on the Inc. 5000 list of fastest-growing private companies in America. It has also been named one of the region's Healthiest Employers annually since 2014 and a Best Places to Work each year since 2015.
"Benefit Commerce Group, led by Scott Wood and a tremendous leadership team, is an outstanding firm, recognized throughout the industry for their expertise and commitment to excellence. We are proud to welcome them to Alera Group," said Alan Levitz, CEO of Alera Group. "The consistent growth achieved by BCG demonstrates the power of teamwork and will dovetail nicely with Alera Group's culture of collaboration."
"We are excited and proud to be joining Alera Group," said Scott M. Wood, Principal and CEO of Benefit Commerce Group. "Becoming an Alera Group company is an excellent step for our continued growth. Through the top-notch resources of Alera Group, we will continue the quality service and support we provide to our clients, now fueled by the power of national collaboration."
All Benefit Commerce Group employees will continue operating out of the firm's existing locations under the name Benefit Commerce Group, an Alera Group Company, LLC. Terms of the transaction were not disclosed.
About Alera Group
Based in Deerfield, IL, Alera Group's over 1,700 employees serve thousands of clients nationally in employee benefits, property and casualty, risk management and wealth management. Alera Group is the 15th largest independent insurance agency in the country. For more information, visit http://www.aleragroup.com or follow Alera Group on Twitter: @AleraGroupUS
About Benefit Commerce Group
Benefit Commerce Group is a progressive and results-driven employee benefits consulting firm, committed to making life easier and better for HR teams. The firm strives to help their clients control employee benefit costs through sustainable strategies that yield real savings. Benefit Commerce Group has been recognized as an Inc. 5000 listing every year since 2015, a four-time honoree among the fastest growing private companies in America. For more information on Benefit Commerce Group, call (480) 515-5010 or visit http://www.benefitcommerce.com.
M&A Contact:
Alera Group: Rob Lieblein, Chief Development Officer
717-329-2451 or rob.lieblein@aleragroup.com
SOURCE Alera Group
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