Willis North America, a unit of Willis Group Holdings plc, announced its acquisition of Evolution Benefits Consulting, a Malvern, Pennsylvania-based health and welfare benefit advisory firm. Terms of the transaction were not disclosed.
Founded in 2001, Evolution Benefits Consulting specializes in providing health and welfare benefit advisory services to employers across various segments including education, government, health care, financial services, manufacturing and religious organizations.
As part of the transaction, Evolution Benefits Consulting will merge its operations with Willis of Pennsylvania Inc. and serve clients under the Willis brand, the announcement said. All of the firm’s 10 employees including principal owners Jim DiGuiseppe, Michael Lilley and David Chisholm will join Willis.
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