Alera Group, an insurance firm headquartered in Deerfield, Mich., has acquired Lighthouse Group, an independent insurance agency with eight locations through Michigan.
The acquisition was effective Dec. 1, 2020.
Lighthouse Group provides employee benefits and property/casualty insurance products and services. The agency was born out of a strategic merger between two local firms. Since that time, the group has completed 40 acquisitions in their 25-year history. The firm now serves clients in more than 20 verticals, including specialties in construction, manufacturing and retail, and has clients throughout the country.
The Lighthouse Group team will continue serving clients in their existing roles, supported by Alera Group’s national resources and team.
MarshBerry Capital, Inc. acted as exclusive financial advisor to Lighthouse in the transaction.
Source: Alera Group
Topics Mergers & Acquisitions Michigan
Was this article valuable?
Here are more articles you may enjoy.
Updated: 6 Killed in Private Plane Crash at Maine Airport 
Kin Moves Into Florida and Texas With Home-Auto Bundle Products 
Berkely Says It’s No Longer Pressured to Push for Rate ‘Across the Board’ 
Illinois USPS Employee Indicted for Alleged Workers’ Comp Fraud 
