Building its presence in the Southeast, NFP announced Aug. 16 that it has acquired Fallon Benefits Group (FBG), an Atlanta-based employee benefits brokerage and consulting firm.
FBG’s focus on employee benefits includes specialized expertise in health management, wellness consulting, human resources consulting, compensation consulting and executive coaching. In acquiring FBG, NFP enhances its expertise and capabilities in delivering benefits solutions to middle and large market commercial clients in the Atlanta area.
The FBG leadership team of founder and CEO Steve Fallon, Jeff Layman, Dr. Katie Stone and Susie Simpson will remain fully engaged in the growth of the business and work closely with leaders across NFP to bring additional value to clients.
“We are very excited to welcome Steve and the entire FBG team to the NFP family,” said Ethan Foxman, president of NFP’s Atlantic region. “FBG will accelerate our growth in the Atlanta metro area and will complement our already strong presence in the Southeast market.”
According to the announcement, the transaction closed July 23, 2021.
