OneDigital, an Atlanta-based employee benefits and wealth management firm, has acquired HM Employee Benefits and Risk Management, a property and casualty insurance broker based in St. Louis.
The acquisition marks OneDigitals first foray into property and casualty insurance, the company said in a release.
“OneDigitals expansion into the P&C side of the business with the acquisition of HM will allow us to provide a holistic suite of employee-centric solutions for our customers,” Mike Sullivan, co-founder and chief growth officer at OneDigital, said in the release.
[More: OneDigital buys $45 billion RIA Resources]
Terms of the acquisition were not disclosed.
The post OneDigital acquires property and casualty brokerage appeared first on InvestmentNews.
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