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SPG acquires the Assets of Total Benefit Solutions, LLC and Affiliates to Expand Health Insurance Capabilities

PRIVATENov 12, 2024

Acquiring Company

Specialty Program Group

Acquired Company

Total Benefit Solutions (TBS)

United StatesBellevueInsuranceHealth CareEmployee BenefitsInsurance

Description

Specialty Program Group LLC (SPG) has announced the acquisition of the assets of Total Benefit Solutions, LLC (TBS), a premier insurance brokerage specializing in group health insurance tailored for small- to mid-sized businesses. This acquisition is aimed at driving forward the expansion and innovation of SPG's health insurance platform, leveraging TBS's robust resources, network, and strong carrier relationships.

Quick answer

Specialty Program Group is acquiring Total Benefit Solutions (TBS), announced November 12, 2024. Specialty Program Group is based in United States.

How much did Specialty Program Group pay for Total Benefit Solutions (TBS)?
The deal value was not disclosed.
What does Specialty Program Group do?
Headquartered in Summit, NJ, Specialty Program Group is a fully licensed holding company established to acquire and scale best-in-class insurance underwriting facilities and specialty businesses throughout North America.
Where are Specialty Program Group and Total Benefit Solutions (TBS) based?
Specialty Program Group is based in United States. Total Benefit Solutions (TBS) is based in Bellevue, Washington, United States.
Who are the decision-makers at Specialty Program Group?
Fundz holds 2 contacts at Specialty Program Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Specialty Program Group

Location

United States

About

Headquartered in Summit, NJ, Specialty Program Group is a fully licensed holding company established to acquire and scale best-in-class insurance underwriting facilities and specialty businesses throughout North America. SPG has 17 portfolio companies and is over 1.8 billion in premium. For more information, please visit www.specialtyprogramgroup.com.

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Frequently asked

Who acquired Total Benefit Solutions (TBS)?

Total Benefit Solutions (TBS) was acquired by Specialty Program Group, based in United States. The deal was reported on November 12, 2024. Specialty Program Group is privately held and operates in Insurance.

When did Specialty Program Group acquire Total Benefit Solutions (TBS)?

Specialty Program Group's acquisition of Total Benefit Solutions (TBS) was reported on November 12, 2024. Specialty Program Group LLC (SPG) has announced the acquisition of the assets of Total Benefit Solutions, LLC (TBS), a premier insurance brokerage specializing in group health insurance tailored for small- to mid-sized businesses. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Total Benefit Solutions (TBS) do?

Total Benefit Solutions, LLC (TBS) is a premier insurance brokerage that specializes in group health insurance tailored for small- to mid-sized businesses operating both in the U.S. and internationally. It is privately held, operating in Health Care, and is based in Bellevue.

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