MGM Benefits Group

MGM Benefits Group  (represented by Hales Securities, LLC) has been aquired by  Higginbotham Investment Holdings, LLC.   -   September 2021

Dowling Hales acted as exclusive financial advisor to Financial Benefit Services, LLC, Mass Group Marketing, Inc. and allsynx in their sale to Higginbotham Insurance Agency, Inc. (“Higginbotham”) Financial Benefit Services, LLC (“FBS”), Mass Group Marketing, Inc. (“MGM”) and allsynx (collectively the “Companies”) together are the leading employee benefits brokers to the Texas public school market, providing access to top-class products and services. Together, FBS and MGM serve as an agent to both employers and brokers, and employees are able to enroll through allsynx’s online enrollment platforms.   The partnership with Higginbotham represents an opportunity to expand leadership within the public entities employee benefits market, while continuing to provide high-quality service to clients. The Companies will continue to operate under the leadership of Kyle James (FBS), Glenn Turchi (MGM) and Chris Wood (allsynx) from their shared headquarters in Richardson, Texas.

Target Company

MGM Benefits Group

Acquirer Company

Higginbotham Investment Holdings, LLC.

Acquisition Date

September 2021

Sector

Insurance

Acquisition Date

September 2021

Industry

Employee Benefits

Region

USA

State of Acquired

TX

Map

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