Lockton Dunning Benefits has acquired benefit consultant firm Grizzaffi Darby, according to an announcement Tuesday.
In a news release, the companies announced the newly combined organization will focus on providing health and welfare benefits consulting expertise and productivity and wellness consulting services to clients through a high-touch service model. Grizzaffi Darby will take the Lockton Dunning Benefits name and will continue serving clients from their current office at 319 W. Oak Street in Denton, Texas.
The transaction was completed Jan. 4. Terms of the acquisition were not disclosed. The combined operation employs 150 Associates.
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"One of the most exciting and immediate outcomes of joining forces with Lockton Dunning Benefits is a variety of new capabilities for our clients. These additional levels of expertise – along with a shared long-term vision – ensure our integrated approach in designing benefits around our clients' needs will be maintained," said Grizzaffi Darby President and CEO Trey Darby.
Lockton Dunning Benefits specializes in the design, implementation, communication and year-round service of medical, dental, life, disability, and other employer-sponsored benefit programs. In addition to working with their dedicated service team, clients have direct access to Lockton in-house subject matter experts including actuaries, medical directors, compliance attorneys, health risk management directors, employee communication managers and M&A due diligence specialists.
"We are excited to join forces with a consulting practice that shares our passion for client service," said Lockton Dunning Benefits CEO Bruce Sammis. "Both firms have a history of developing and deploying creative solutions to meet our clients' needs and this allows us to serve a growing array of clients together."
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