Hilb Group Acquires Minnesota-Based National Enrollment Partners, Grows Benefits Capabilities
Mar 16, 2023•over 2 years ago
Acquiring Company
Undisclosed New Hampshire Business
Acquired Company
National Enrollment Partners
IllinoisHuman ResourcesEmployee BenefitsDescription
The Hilb Group announced today that it has acquired Minnesota-based National Enrollment Partners, broadening its benefits capabilities. National Enrollment Partners specializes in benefits enrollment and administration through its network of partner agencies and associate members. The transaction became effective February 1, 2023.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
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