Boston-based broker William Gallagher Associates has acquired Paradigm Associates, a health and welfare benefit plan consulting group headquartered in Braintree, Massachusetts.
Paradigm Associates was founded in 1995 and has a client base of 85 organizations with particular expertise in health care, technology and financial services.
“Paradigm brings to our company strong capabilities and client relationships which will further serve to strengthen both of our organizations,” said Philip J. Edmundson, chairman and CEO of William Gallagher Associates. “This merger reinforces our continued belief at WGA that the Commonwealth remains the best place to anchor a business whose strategy focuses on growth companies involved in such diverse areas as High Tech, Life Sciences, Health Care and Renewable Energy.”
Paradigm had 2009 revenue of $3.4 million.
Terms of the deal were not disclosed.
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Source: William Gallagher Associates
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