Alera Group Acquires Benefit Commerce Group
DEERFIELD, IL and SCOTTSDALE, AZ — Alera Group, an independent national insurance brokerage and wealth management firm, 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.
