Wilson Albers & Company — the parent business of Tacoma's Albers & Company — has announced its acquisition by Alera Group, the seventh largest privately held employee benefits firm in the country.

In addtion to Albers & Company, Wilson Albers was the parent company of Alaska’s The Wilson Agency as well as ConnectHR, jointly based in Alaska and Washington. The acquisition marks the first location for Illinois-based Alera in Alaska, as well as the second in Washington.

The three brands will continue to do business as their own entities, with additional branding as “an Alera Group company.”

“Our journey does not end here. In fact, we are only embarking on a new chapter that will help us continue our mission and dedication to the community and clients,” said Lon Wilson, Wilson Albers’ CEO. “The Wilson Agency and Albers & Company have been industry leaders for over 50 years, encouraging our staff and clients to ‘lead a life of significance.’

“Alera Group has a very similar devotion to clients and community,” he continued. “Being a part of this organization strengthens our capabilities while sharing our values and supporting our mission. We are extremely excited that we are still your local provider but now having the backing and additional expertise to draw on from a national scope.”