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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

OneDigital Health and Benefits Acquires Veritas

February 14, 2019

ATLANTA--(BUSINESS WIRE)--Feb 14, 2019--OneDigital Health and Benefits, the nation’s largest company focused exclusively on employee benefits and HR, has acquired Veritas Risk Services (Veritas) located in Downers Grove, Illinois. Managing Principal Doug Truax, Principal Bob Walsh and Regional Vice Presidents Sharon Schlenker, Greg Hopkins and Kathy Smith will continue to work alongside their teams serving the Firm’s clients throughout the Midwest region and across the country.

Veritas works with clients across a range of industries and sizes, emphasizing exceptional service and utilizing a strategic approach to provide clients with innovation in the employee benefits and retirement space. By joining OneDigital, the firm’s clients will gain added resources such as an in-house ERISA attorney, HR consulting expertise, custom benchmarking and human resources information solutions (HRIS).

“Veritas and OneDigital are a winning combination. OneDigital shares Veritas’ culture of providing exceptional consulting and service to employers,” said Managing Principal Doug Truax of OneDigital Chicago. “In addition, they give us a national footprint and the additional employee benefits, group retirement and HR services resources to become the leading benefits firm for the middle market in Chicago.”

OneDigital’s comprehensive advisory services and market-leading solutions are offered in over 80 offices throughout the country. The firm has a well-established track record of doubling and tripling the size of operations in new markets and is seeking additional firms to join this team over the next 12-24 months.

“Expanding our team in the Chicago area is an exciting step for OneDigital,” said OneDigital’s EVP of Sales and Operations Bill Carew. “Not only do Doug and his team at Veritas have a strong reputation for building and advising on employee benefits in the area, but culturally they are the ideal fit for our organization. We are excited for the strategic direction and leadership Doug and his team will provide. This key expansion is a true testament to OneDigital’s growth momentum for 2019.”

About OneDigital Health and Benefits

OneDigital Health and Benefits, the nation’s largest company focused exclusively on employee benefits and HR, combines people and technology to power business growth. Serving companies of all sizes, OneDigital offers employers a sophisticated combination of strategic benefit advisory services, analytics, compliance support, human resources management tools and comprehensive insurance offerings. Headquartered in Atlanta, OneDigital’s more than 1,500 employee benefits and human resource strategists serve the needs of more than 44,000 employers across the nation and manages over $5.8 billion in premiums as a result. OneDigital has been named to the  Inc. 5000 List of America’s fastest-growing companies  every year since 2007. Currently listed as  13th in EBA’s Top 50 Brokers in the Large Employer Group, OneDigital’s experience offers a fresh thinking and strategic perspective that will improve all aspects of plan design and performance.

About Veritas Risk Services

Veritas Risk Services (Veritas) works with organizations looking to challenge the status quo when it comes to employee benefits and willing to take a strategic, proactive approach and try innovative solutions where appropriate. They are the firm for employers who want to take control of their benefits through strategic planning and innovative solutions. Veritas leverages its expertise and rigor, partnership and service, and passion in order to help organizations determine their optimal benefits offerings and implement and manage it effectively.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190214005146/en/

CONTACT: For OneDigital

Allyson Smith, OneDigital

860.470.0306; agsmith@onedigital.com

KEYWORD: UNITED STATES NORTH AMERICA GEORGIA ILLINOIS

INDUSTRY KEYWORD: HEALTH PROFESSIONAL SERVICES HUMAN RESOURCES INSURANCE GENERAL HEALTH

SOURCE: OneDigital Health and Benefits

Copyright Business Wire 2019.

PUB: 02/14/2019 08:45 AM/DISC: 02/14/2019 08:45 AM

http://www.businesswire.com/news/home/20190214005146/en