Alera Group Acquires Bailey & Company
DEERFIELD, IL — Alera Group announced that it has acquired Bailey & Company Benefits Group, a prominent employee benefits firm in Ohio. Terms of the transaction were not disclosed.
Headquartered in Cincinnati, Ohio, Bailey & Company specializes in a wide variety of employee benefit programs. The firm helps its clients – ranging from mid-sized privately held businesses to publicly traded companies – maximize the return on their employee benefits investments by customizing a plan for each client’s individual needs. Beyond traditional employee benefits solutions, Bailey & Company has significant expertise in private exchanges, partially self-funded benefit plans, and captive-based reinsurance programs.
“We are excited to welcome Bailey & Company to Alera Group. Grant and his team are a terrific addition, bringing significant expertise to our national platform. This is a great opportunity for us to enhance the client experience both by tapping into Bailey & Company’s expertise and by adding Alera Group’s resources to Bailey & Company’s practice,” said Alan Levitz, CEO. “Their firm’s dynamic teamwork and professionalism is an excellent fit for our collaborative national culture.”
“We are excited to be an Alera Group company. As part of this remarkable organization, we are even better equipped to meet our clients’ needs with world-class resources, expertise, and technology,” said Grant Bailey, Managing Partner of Bailey & Company. “We look forward to our collaborative growth together as we continue to develop unique benefits strategies for all of our clients.”