Marsh & McLennan Agency LLC has acquired Presidio Benefits Group, a San Francisco, Calif.-based employee benefits consulting firm.
Terms of the deal were not disclosed.
All of Presidio’s employees, including its founders Alan Ikeya and Matthew Coan, are joining MMA and will operate out of MMA’s existing San Francisco office.
Presidio offers a range of employee benefits and human resource services to employers in the Bay Area.
MMA is a subsidiary of Marsh established in 2008 to serve as a platform for the middle market.
Was this article valuable?
Here are more articles you may enjoy.
UPS Ripped Off Seasonal Workers With Unfair Pay Practices, Lawsuit Alleges
CEO Sentenced in Miami to 15 Years in One of the Largest Health Care Fraud Cases
Underwriter, Actuary Fears of AI Drop; Work Needed on Collaboration
AIG Partners With Amwins, Blackstone to Launch Lloyd’s Syndicate Using Palantir 

