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National Financial Partners buys benefits broker in Cincinnati
National Financial Partners Corp. said that it has acquired Cincinnati-based Benefit Resources Inc., which specializes in group benefits, human resources and benefit compliance, and employee benefits administration. Financial terms were not disclosed.
Benefit Resources, which was founded in 1988, will continue to be led by Managing Director Tim Marcagi, NFP said in a statement.
"Benefit Resources brings over two decades of employee benefits and HR expertise to our team, further strengthening NFP's ability to provide superior services to our business clients," Ed O'Malley, president of NFP's corporate client group in Austin, Texas, said in the statement.
Benefit Resources specializes in working with smaller and middle-market firms, Mr. O'Malley said.
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