
| Services: | Small Business Solutions | |
|---|---|---|
| Type: | announcements | |
Bostonian Group Acquires Stake in Benefits Solutions and Services Firm
Boston, MA - Bostonian Group, which offers expertise and practical solutions for employee benefits, HR services, executive compensation, retirement and financial planning, today announced that it has acquired a minority share of Marketing Associates Financial Services, Inc. (MAFS). MAFS, which today includes ten employees, is in process of moving into Bostonian Group’s Four Copley Place headquarters and it will operate as a separate division specializing in benefits solutions and services for smaller, high-growth companies. Chris DeLorey, MAFS’s principal owner, leads the new division, Bostonian Solutions. “Chris and his colleagues at MAFS have a well-earned reputation for delivering personalized retirement services enabled by cutting-edge technology,” said Jim Blue, chairman and CEO of Bostonian Group. “We’re fortunate to have this opportunity to dramatically enhance our ability to serve smaller, rapidly growing companies, add more depth in key vertical markets and give our existing clients access to a proven software platform for more efficiently managing benefits.” Bostonian Solutions will offer benefits solutions and services for smaller, high-growth companies. With an established client list of 250 companies, Bostonian Solutions is best known for its innovative software platform that streamlines benefits management and enables smaller companies to access the same efficiencies and economies of scale employed by larger businesses. “Our affiliation with Bostonian Group gives our existing clients access to additional expertise and services as they grow and evolve,” said Chris DeLorey, President of the new Bostonian Solutions. “For all clients, present and future, we’re turning The Boston Group into a more formidable regional powerhouse with unmatched industry expertise under one roof for even better, more personalized benefits services and solutions.” | ||