Alera buys Massachusetts agency

Alera Group Inc. said Thursday that it has acquired Gordon Atlantic Insurance Agency.

Terms of the transaction were not disclosed, Alera said in a statement.

Norwell, Massachusetts-based Gordon provides commercial and personal coverage to clients in the Northeast.

The broker will join Alera through its local firm Sylvia Group. Gordon has about 15 employees, who will continue in their roles, the statement said. 

Alera CEO Alan Levitz said the deal is part of the broker’s “expanding presence in the Greater Boston area."

Deerfield, Illinois-based Alera is the 17th largest broker of U.S. business, according to the most recent Business Insurance rankings.