Alera Group, an employee benefits, property/casualty, retirement services and wealth management firm based in Deerfield, Ill., has acquired Todd Associates Inc. (Todd Associates), headquartered in Beachwood, Ohio.
The transaction is effective Dec. 1, 2020.
Todd Associates, founded in 1939 and operated by Ned Hyland since 1978, also has an office in Port St. Lucie, Fla. The firm provides property/casualty, professional and management liability and employee benefits products and services, with specific expertise in financial institutions, public entities, construction, manufacturing and real estate.
The Todd Associates team will continue serving clients in their existing roles. Terms of the transaction were not announced.
Source: Alera Group
Topics Mergers & Acquisitions Ohio
Was this article valuable?
Here are more articles you may enjoy.
Howden US Tells Judge Brown & Brown Employees Fled Due to ‘Mistreatment’ 
MAPFRE Accuses AAA of Violating Long-Time Exclusive Marketing Agreement 
Disney Worker Injured Trying to Stop Runaway Boulder at Indiana Jones Show 
CRC Group Signs Agreement to Acquire Euclid Transactional 
