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December 23, 2021updated 05 Jan 2022 1:26pm

Alera Group acquires six agencies to bolster footprint in US

US-based Alera Group has acquired six agencies in a bid to bolster its footprint across the country.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
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The six agencies are Ashbrook-Clevidence, Benefit Design Specialists (BDS), Erich Courant & Co, Heist Insurance Agency, Simkiss & Block and The D.B.L. Center.

Financial details of the transactions were not disclosed. The deals have an effective date of 1 December 2021.

In a statement, Alera Group said: “The addition of the new locations will bolster services and expertise across property and casualty insurance and employee benefits solutions.”

Founded in 1927, Ashbrook-Clevidence offers full-service insurance solutions for a wide range of clients.

BDS focuses on providing services and products based on a two-fold goal that includes providing employee benefit plans with benefits management for clients’ HR departments.

Erich Courant & Co is an affiliate of Alera Group Northeast and provides property and casualty coverage active in multitude of markets. It is headquartered in Maywood, New Jersey.

Heist Insurance Agency’s service portfolio includes personal insurance, business insurance, flood insurance and condominium insurance, while Simkiss & Block operates as full-service insurance and surety brokerage, risk management consultant, and financial services partner for organisations.

The D.B.L. Center specialises in temporary disability insurance and employee benefit plans.

As agreed, the teams of the agencies will continue their operations and serve their existing clients.

The product portfolio of the six firms will also be available to Alera Group clients across the country.

Earlier this year, Alera Group acquired Bagwell & Bagwell Insurance and Blue Communications.

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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