Alera Group has announced that it has acquired New York-based JDM Benefits. The acquisition became effective on August 01.

Headquartered in White Plains, N.Y., JDM Benefits has expertise in private exchanges and self-insured benefits plans, along with a variety of benefits solutions.

“We are thrilled to become an Alera Group company, and we are looking forward to the synergistic growth that will follow this step,” said Joseph Moschitto, president of JDM Benefits. “Our goal has always been to provide the best possible employee benefits solutions to our clients. By joining Alera Group, we will be able to do that more than ever before.”

“Alera Group is excited to welcome JDM Benefits as our latest Alera Group company, expanding our service offerings throughout the Northeast region,” said Alera Group CEO Alan Levitz. “The JDM Benefits team, led by Joseph Moschitto, will be a strong contributor to our collaborative culture and our benefits practice as we continue to grow our presence in the Northeast.”

JDM Benefits joins Alera Group Northeast. The JDM Benefits team will continue to serve clients in their existing roles, Alera Group said.