US-based independent insurance brokerage Heffernan Insurance Brokers has acquired Really Great Employee Benefits (RGEB).

As part of the deal, the RGEB team including Barry Cohn, Renee Glickman Cohn, and Lloyd Ettingerjoined Heffernan from the first of this month.

California-based RGEB offers employee benefits consulting for corporate, individual, and Medicare clients since 1997. The acquisition is expected to boost Heffernan’s employee benefits practice, particularly in Southern California.

Heffernan Insurance Brokers president and CEO Michael Heffernan said: “We’re excited to have RGEB join us to further support our clients and their employee benefits needs.

“Their core values align seamlessly with our own, and their breadth of experience will be a great addition to our team. We look forward to a bright future together.”

Financial terms of the transaction were not divulged.

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RGEB CEO Barry Cohn said: “We are very happy that RGEB, whose vision has been “to help people” for almost 25 years, will be merging with a company that has the same values with respect to clients, employees, and charitable endeavours.

“RGEB has always focused on doing the right thing for its clients, employees, and community. We are excited about the expanded opportunities that will be afforded to both our clients and our staff as a result of this merger.”