Deerfield, Illinois-based Alera Group acquired Risk Consulting Partners (RCP), a firm that specializes in working with private equity firms and assessing risk exposures across all companies in their portfolios.
With core competencies in property/casualty insurance, employee benefits, life insurance, risk management and succession planning, RCP delivers enterprise-level expertise to businesses with $25 million to $1 billion in revenue. The firm’s staff of experienced specialists evaluates, designs and procures innovative risk management solutions for companies, family offices and private equity firms in more than 20 different industries, including healthcare, construction and real estate and manufacturing.
RCP currently has three offices, located in Chicago, Dallas and St. Louis.
The RCP team will continue serving clients in their existing roles. Terms of the transaction were not disclosed.
Alera Group is an independent, national insurance and wealth management firm with more than $650 million in annual revenue, offering comprehensive employee benefits, property/casualty insurance, retirement services and wealth management solutions to clients nationwide.
Source: Alera Group
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