William Gallagher Assoc. (WGA), which provides insurance brokerage, risk management and employee benefit services, has acquired Braintree’s Paradigm Assoc.
Paradigm Assoc., a health and welfare benefit plan consulting group, was founded in 1995 and has a client base of 85 organizations with particular expertise in health care, technology and financial services, according to a statement.
"We are very pleased that Paradigm chose WGA as their merger partner. Paradigm brings to our company strong capabilities and client relationships which will further serve to strengthen both of our organizations," said Philip J. Edmundson, chairman and CEO of WGA.
He added: "This merger reinforces our continued belief at WGA that the Commonwealth remains the best place to anchor a business whose strategy focuses on growth companies involved in such diverse areas as high tech, life sciences, healthcare and renewable energy."
The revenue of Paradigm in 2009 was $3.4 million. The purchase price of the acquisition was not disclosed.





