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-Eastern Insurance takes over BBS Employee Benefits

May 13, 2016 - Global Banking News
Mergers and Acquisitions

Global Banking News - 13 May 2016

Eastern Insurance Group LLC, a Massachusetts-based independent agency, has announced that it has acquired BBS Employee Benefits, which is based in Massachusetts.

The terms of the transaction were not disclosed. Founded in 2002, BBS Employee Benefits provides design, implementation and administration services for employee benefits programmes.

Hope A Aldrich, president and CEO of Eastern Insurance, said, 'Boston is at the centre of the many marke...