Risk Strategies, a national specialty insurance brokerage and risk management firm, has acquired Better Business Planning, Inc., an insurance agency specializing in employee benefits solutions.
Terms of the deal were not announced.
Based in Itasca, Illinois, Better Business Planning is a multi-generational family business of benefits professionals with a strong presence in the Chicagoland area specializing in designing and implementing customized employee benefits solutions. The firm also offers a variety of complementary services capabilities, including benefits and payroll administration, human resources consulting, and payroll consulting.
Founded in 1977 by James Bellinger, Better Business Planning has been led since his retirement in 2014 by his sons, who joined the company starting in 1993. The firm has built a strong presence in a variety of industries, delivering benefits services to education, non-profits, law firms, architects and management services, industrial supplies, and agriculture, among others.
The Better Business Planning team will join the Risk Strategies National Employee Benefits Practice and have access to additional robust capabilities and resources to further support and grow its client base.
Topics Mergers & Acquisitions Illinois
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