Marsh & McLennan Acquires Atlanta-Based Benefits Advisory Group

Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Benefits Advisory Group, an Atlanta-based employee benefits consulting firm. Terms of the transaction were not disclosed.

Created in 2003, Benefits Advisory Group offers employee benefit services to midsize employers throughout Georgia. All of the firm’s employees, including its owner Al NeSmith, will join MMA and operate as part of MMA’s existing Atlanta operations.

Thomas R. Brown, vice chairman of MMA’s Mid-Atlantic region, said the acquisition will enhance its employee benefits offering in the Atlanta market

Marsh & McLennan Agency LLC is a subsidiary of Marsh established in 2008 to serve as a platform for the middle market. In 2015, it expanded its national footprint into Canada. MMA offers commercial property, casualty, personal lines, and employee benefits to midsize businesses and individuals across North America.

Topics Mergers & Acquisitions