Choice Financial Group acquires Employee Benefits of Virginia to enhance its presence in the Mid-Atlantic region
Acquiring Company
Choice Financial Group
Acquired Company
Employee Benefits of Virginia
FargoRichmondHuman ResourcesEmployee BenefitsConsultingRisk ManagementDescription
Choice Financial Group (CFG) has announced the acquisition of Employee Benefits of Virginia (EBVA), marking a strategic expansion in the Mid-Atlantic region. This acquisition enhances Choice's capabilities in delivering employee benefits solutions, integrating EBVA's expertise in tailored benefits programs, compliance consulting, and risk management into its platform.
Quick answer
Choice Financial Group is acquiring Employee Benefits of Virginia, announced December 18, 2024. Choice Financial Group is based in Fargo, North Dakota, United States.
- How much did Choice Financial Group pay for Employee Benefits of Virginia?
- The deal value was not disclosed.
- What does Choice Financial Group do?
- Choice Bank provides innovative financial solutions with a People First approach.
- Where are Choice Financial Group and Employee Benefits of Virginia based?
- Choice Financial Group is based in Fargo, North Dakota, United States. Employee Benefits of Virginia is based in Richmond, Virginia, United States.
- Who are the decision-makers at Choice Financial Group?
- Fundz holds 1 contact at Choice Financial Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Arthur J. Gallagher & Co. Acquires Shepard Insurance Group to Expand High-Net-Worth Offerings (November 26, 2024)
- Hub International Limited acquires ANCO Insurance Managers, Inc. to strengthen insurance solutions in Texas (November 11, 2024)
- 15Five completes acquisition of Kona to enhance manager enablement for remote work (January 28, 2025)
Who to call at Choice Financial Group, and when
When Choice Financial Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Employee Benefits of Virginia?
Employee Benefits of Virginia was acquired by Choice Financial Group, based in Fargo. The deal was reported on December 18, 2024. Choice Bank provides innovative financial solutions with a People First approach. Since its founding in 2001, Choice has grown to $4.95 billion in assets. Choice Financial Group is privately held.
When did Choice Financial Group acquire Employee Benefits of Virginia?
Choice Financial Group's acquisition of Employee Benefits of Virginia was reported on December 18, 2024. Choice Financial Group (CFG) has announced the acquisition of Employee Benefits of Virginia (EBVA), marking a strategic expansion in the Mid-Atlantic region. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Employee Benefits of Virginia do?
Employee Benefits of Virginia (EBVA) is a Richmond-based employee benefits advisory firm that has earned a reputation for developing tailored, strategic benefits programs. It is privately held, operating in Human Resources, and is based in Richmond.
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