HASBROUCK HEIGHTS, N.J., May 19, 2011 /PRNewswire/ -- Sun Mergers & Acquisitions, LLC is pleased to announce that its client, Self Funded Alternatives, LLC, has been acquired by Crump Group, Inc.
Sun Mergers & Acquisitions, LLC initiated this transaction, acted as exclusive financial advisor, and negotiated the transaction on behalf of Self Funded Alternatives, LLC (SFA).
SFA, with offices in Pennsylvania, Nevada, and Montana, is an insurance intermediary specializing in the development, placement, and maintenance of self-insured workers' compensation programs for individual and group risks in the public and private sectors.
The Crump Group was established in 1920, and is a leading insurance wholesaler and retirement solutions provider, connecting agents and financial service professionals with its three operating divisions: Retirement Services, Life Insurance Services, and Property and Casualty Insurance Services. Crump, based out of Roseland, NJ, is a leader in all of the markets it serves, with approximately 3,000 associates in more than 60 offices nationwide.
The acquisition of SFA will allow the Crump Group to introduce a new product line to their existing portfolio.
About Sun Mergers & Acquisitions
Sun M&A is a full-service professional business intermediary firm specializing in all aspects of the confidential sale, merger, acquisition, and valuation of privately held, middle-market companies. For more information on Sun, visit our website at www.SunMerger.com, or for more information about this transaction, contact Stephen Goldberg at 201-727-1300 or SG@SunMerger.com.
Contact: Jessica M. Gilroy
Sun Mergers & Acquisitions, LLC
SOURCE Sun Mergers & Acquisitions, LLC