Relation Insurance Services Acquires H Group Benefits, Inc.
31 Julio 2024 - 9:07AM
Business Wire
Relation Insurance Services (“Relation”) acquired the assets of
H Group Benefits, Inc. (“H Group Benefits”). The transaction went
into effect on June 30, 2024; terms of the transaction were not
disclosed.
“We were exploring ways to serve our clients in a more holistic
way and Relation was the right fit,” said David Heller, President
of H Group Benefits. “Relation’s thoughtful, transparent culture
and broad network of resources offers our clients access to the
best coverage options and a superior service experience.”
Offering a full range of employee benefit insurance products H
Group Benefits is based in Northbrook, Illinois. David Heller will
continue managing that office as a valuable part of the Relation
family.
“H Group has an outstanding reputation in their community and
Relation is proud to welcome them aboard,” said Tim Hall, Chief
Executive Officer for Relation. “Their experienced team strengthens
our Employee Benefits consulting practice by providing
comprehensive insurance solutions to our clients. We are excited to
welcome them to our team.”
About Relation’s Mergers & Acquisitions
Relation Insurance Services is actively seeking partnerships to
expand its offerings, industry expertise, and geographic footprint.
Relation offers a seat at the table to insurance entrepreneurs with
equity ownership opportunities and a people-first approach that
optimizes outcomes for employees and clients. For more information
on joining the Relation family of brands, visit
relationinsurance.com/partner-with-us.
About Relation Insurance Services
Relation Insurance Services is an insurance brokerage firm that
offers superior risk management and benefits consulting services
across the United States. It is ranked by Insurance Journal within
the top 25 largest agencies in the country by revenue and has
approximately 1,350 employees across more than 137 locations
nationwide. Relation is a privately held corporation backed by
Aquiline Capital Partners, a private equity firm based in New York
and London investing in businesses globally across financial
services and technology. Visit: www.relationinsurance.com for more
information.
M&A CONTACTS
Nicolas Luque, Senior Director M&A Relation Insurance
Services P: 312-690-4146 E: nicolas.luque@relationinsurance.com
Scott Borcher, Director M&A Relation Insurance Services P:
312-870-9263 E: scott.borcher@relationinsurance.com
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Contact for Relation Insurance Services Todd McCormack
Todd.mccormack@relationinsurance.com