Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, has acquired Sylvia Group, effective December 31, 2019.
Located in Dartmouth, Mass., Sylvia Group has been serving clients throughout New England since its founding in 1950. It aims to provide clients with solutions in personal insurance, business insurance, employee benefits and financial planning. Sylvia Group has expertise in serving nonprofits and startups, making them a key partner for organizations throughout the region.
All Sylvia Group employees will continue operating out of the firm’s existing location under the name Sylvia Group, an Alera Group Company LLC. Terms of the transaction were not disclosed.
Based in Deerfield, Ill., Alera Group’s more than 1,800 employees serve thousands of clients nationally in employee benefits, property and casualty, retirement services and wealth management.
Source: Alera Group
Topics Mergers & Acquisitions Massachusetts Employee Benefits
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