BLOOMFIELD HILLS, Mich., Dec. 19,
2024 /PRNewswire/ -- Woodward Park Partners is
pleased to announce that its client, Benefits Partner, LLC dba
Salus Group ("Salus Group"), has been acquired by NFP, a wholly
owned subsidiary of Aon (NYSE: AON). Salus Group is a leading
independent benefits consulting, brokerage and administration
firm.
Woodward Park Partners acted as the exclusive financial advisor
to Salus Group in this transaction. Michael Brillati, CEO and
majority shareholder of Salus Group stated, "The Woodward Park team
was instrumental in guiding us through the entire sale process,
structuring an approach that resulted in a successful closing and
seamless transition to the next chapter of growth for our
organization."
Salus Group was founded in 2005 to provide benefits
consultancy for credit unions and has since expanded its client
portfolio with a particular focus on middle-market employers,
including those with unionized workforces. With a base in
Michigan, Salus Group works with clients nationwide.
NFP, an Aon company, is an organization of consultative
advisors and problem solvers helping companies and individuals
address their most significant risk, workforce, wealth management
and retirement challenges. NFP's global capabilities, specialized
expertise and customized solutions span property and casualty
insurance, benefits, wealth management and retirement plan
advisory, with more than 7,700 colleagues in the US, Puerto Rico, Canada, UK and Ireland serving a diversity of clients,
industries and communities.
Aon plc (NYSE: AON) exists to shape decisions for
the better — to protect and enrich the lives of people around the
world. Through actionable analytic insight, globally integrated
Risk Capital and Human Capital expertise, and locally relevant
solutions, Aon provides clients in over 120 countries with the
clarity and confidence to make better risk and people decisions
that protect and grow their businesses.
For more information, visit woodwardparkpartners.com.
About Woodward Park Partners
Woodward Park
Partners is a middle-market focused investment banking firm. The
firm specializes in providing high-touch advisory services with
unparalleled senior professional involvement to financial sponsors,
private business owners and publicly traded companies. The firm's
expertise covers a wide spectrum of transaction types, including
private company sales, divestitures, mergers & acquisitions and
other financial advisory engagements. For more information, visit
woodwardparkpartners.com.
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SOURCE Woodward Park Partners