Dallas-based broker services company, BenefitMall, announced the completion of its acquisition of Group One Source, a national employee benefits marketing organization, from Lincoln Financial Advisors Corporation.
Group One Source has provided insurance brokers with a single-source for multi-carrier employee benefits products in 11 states. The acquisition expands BenefitMall’s reach to more than 30 local markets in 13 states.
The acquisition is BenefitMall’s second this year. In February, the company announced it had purchased the assets of Colorado Group Services (CGS), a full-service general agency that served Colorado’s brokerage community for more than 15 years.
Topics Mergers & Acquisitions
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