Digital Insurance, an Atlanta-based employee benefits agency, has acquired Brentwood-headquartered Capital Benefits Group, the companies have announced.
Financial terms of the deal were not disclosed.
Digital Insurance is a wholly owned subsidiary of Fidelity National Financial. Last year, American Blue Ribbon Holdings, a division of Fidelity National Financial, bought both J. Alexander’s and O’Charley’s, two long-standing Nashville-based restaurant companies. (Read more here.)
Capital Benefits Group now operates under the Digital Benefit Advisors banner, a division of Digital Insurance, and becomes that company’s first office in Tennessee. CBG President and CEO Harold Roe and his team will now work with DBA.
“Digital’s proven expertise and 12-year track record attracted us,” Roe said in a release. “But, it is the company’s superior technologies and extensive depth of resources that we know will provide advantages to our clients and differentiate us from the competition. We want to continue expanding throughout Tennessee, and Digital will enable us to do so.”
Founded in 1998, Capital Benefits Group served as the benefits partner of Tennessee Mass Mutual Agency, Capital Financial Group. The company has about 800 clients and 16 employees. With DBA, its offices will continue to be located throughout the Nashville market, as well as in Knoxville and Chattanooga.