Announced
Completed
Synopsis
OneDigital, a health, retirement/wealth, and HR advisory firm, completed the acquisition of HM Employee Benefits and Risk Management, a provider of integrated of HR and risk management services. Financial terms were not disclosed. “OneDigital’s 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 and marks the starting point for the next iteration of OneDigital. OneDigital has been a rarity in the business as one of the few employee benefits-only firms, but as we decided to expand our business, we needed a partner who was aligned in our people-first culture and was open to building the future of P&C together. Mike Shanahan and the team at HM had the leadership, depth and P&C acumen, along with the culture to fit into that ecosystem,” Mike Sullivan, OneDigital Co-Founder & Chief Growth Officer.
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