US-based strategic advisory firm OneDigital has purchased Pennsylvania-headquartered Kistler Tiffany Benefits for an undisclosed amount.
This acquisition is said to the biggest purchase in the OneHealth’s history and part of its strategy to expand footprint in Philadelphia. The company made 23 acquisitions last year.
Established in 1972, Kistler Tiffany Benefits is a benefits consulting firm and general agency with presence in Pennsylvania, New Jersey and Delaware.
The acquisition will offer the clients more experts and resources offering benefits, HR, and technology solutions.
OneDigital executive vice president of operations and northeast leader Pete Gruenberg said: “As OneDigital’s largest acquisition in the benefits space to date, the addition of Kistler Tiffany Benefits is an especially exciting milestone for us as we expand our expertise and footprint across the Northeast and Philadelphia area.
“Besides being a great cultural fit, the consistent development and diversification of offerings achieved by their leadership team will dovetail nicely with our growing organisation.”
Kistler Tiffany Benefits chairman William Daggett, Jr said: “We are bringing together two formidable players in this space and will be the leading catalyst for delivering OneDigital’s solutions in this region with a goal to grow our revenue by almost double.
“There is no doubt—the future is incredibly bright, not just for our staff, but for our clients and broker partners as well.”