News, Mergers & Acquisitions
OneDigital Acquires Davidow Financial & Insurance Services, Inc.
OneDigital Acquires Davidow Financial & Insurance Services, Inc.
Acquisition Continues to Enhance OneDigital Southern California Presence
ATLANTA, GA – January 5, 2022 – OneDigital, the nation’s leading insurance brokerage, financial services and HR consulting firm, has acquired Davidow Financial & Insurance Services, Inc.
Since 1979, Davidow Financial & Insurance Services, Inc. has been delivering customized benefit programs for employers of all sizes. Led by Glenn R. Davidow, the firm’s clients will gain access to a wider range of products and services available to customers throughout the West region, and over 85,000 customers nationwide.
The West region is thrilled to welcome such a talented team of benefits experts who understand the industry and connect with OneDigital’s mission of advancing the workforce strategy of businesses across the region. We are excited that the Davidow Financial & Insurance customers will see the streamlined benefits of working with our team as a single source for business guidance to optimize their workforce strategy.
— Russel Gramstad, Managing Principal for OneDigital’s West Region
When asked about what attracted him to OneDigital, Glenn Davidow, President of Davidow Financial & Insurance Services, Inc. said, “OneDigital was the only company that I ever met with that had the same vision and business model as we have. We felt it was the right fit to expand our horizons, together.”
Davidow Financial & Insurance Services, Inc. will remain headquartered in Woodland Hills, California. This acquisition will further enhance Davidow’s comprehensive advisory services and market-leading solutions through a range of national resources that support a holistic approach to employee wellbeing.
About OneDigital
OneDigital delivers strategic advisory consulting and technology-forward solutions to more than 85,000 employers across the nation. As employee health care, wellness and workplace benefits continue to converge, businesses of all sizes have relied on OneDigital’s exceptional advisory teams for counsel in employee benefits, wellbeing, human resources, pharmacy consulting, property and casualty solutions, as well as the retirement and wealth management services provided through OneDigital Investment Advisors. OneDigital’s commitment to technology and innovation enables its 2,800 advisors to deliver the most modern and intuitive customer experience anywhere in the industry.
OneDigital has been named as a Best Place to Work in Insurance by Business Insurance. For more information, visit onedigital.com.
About Davidow Financial & Insurance Services, Inc.
Established in 1979, Davidow Financial & Insurance Services, Inc. has become one of the leading insurance agencies nationwide for employee benefits. Davidow Financial & Insurance Services, Inc. was built on the foundational pillars of Risk Management Expertise, Advanced Technologies, and Customer Service together that delivers a compelling proposition for our customers. Davidow Financial & Insurance Services, Inc. is engaged with most insurance companies and are well equipped to negotiate rates lower than most other agencies are able to provide. Davidow Financial & Insurance Services, Inc. prides ourselves in the training of our customer service team which provides excellent service support for our clients.