Focus on Regional Expansion in Mid-Atlantic Accelerates
VIRGINIA – January 10, 2017 – OneDigital Health and Benefits, the nation’s largest employee benefits-only company with 37 offices nationally, has acquired C.T. Hellmuth and Associates in Chevy Chase, Maryland. A team of 26 experienced associates are now part of the OneDigital Health and Benefits and Human Capital Solutions organization.
This alignment of firms represents a significant expansion of OneDigital’s middle market benefits consulting capability in the Mid-Atlantic region and nationally. Jim Hellmuth and his talented team fit our culture like a glove, bringing a reputation for client service that is unique in the marketplace,” says Mike Sullivan, Chief Growth Officer of OneDigital.
“Our selective consolidation strategy remains focused on teams and capabilities that will thrive in a culture built on innovation and collaboration. When your focus is building for the long term it is acquisitions like this that help solidify your very foundation.
The combined Virginia, Washington D.C. and Maryland region will be the largest in the country for OneDigital with over 110 employees and 3,500 clients.
“These are exciting and, to say the least, rapidly changing times for the benefits industry. As such, we are thrilled to have found a like-minded organization that will expand upon the leadership position that C.T. Hellmuth has built in the Washington D.C. region over the past 44 years,” says Jim Hellmuth, President of C.T. Hellmuth. “Joining a national team of industry leaders gives our colleagues and clients immediate access to an expanded team of experts and services. Most importantly, OneDigital’s culture aligns with our client first focus. Our long held reputation for being fierce client advocates is everything to us.”
Hellmuth will report up through Chris Schutt, Regional Managing Principal for OneDigital Mid-Atlantic. “We have been searching for a team with a client base and level of sophistication that can anchor our rapidly expanding organization in the Maryland and Washington D.C. marketplace,” says Chris Schutt. “After just a month the level of integration and collaboration among the overall team is energizing to watch.”