Illinois-based Alera Group, a national employee benefits, property/casualty, risk management and wealth management firm, has acquired IMG Benefits Group LLC in Houston, Texas.
Terms of the transactions were not announced.
IMG Benefits Group creates strategic employee benefit programs tailored to each client’s needs. The firm has been built on five pillars: helping clients stay informed, providing client support, assisting in the implementation process, serving as an advocate and being a strategic benefits resource.
Alera Group also announced that it has acquired Benefit Planning Services (BPS), located in Norwalk, Connecticut.
Headquartered in Deerfield, Illiniois, Alera Group was founded in December 2016 and now has more than 900 employees.