NEW YORK - February 10, 2022 - NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement, and individual solutions, today announced that it has acquired Helios HR, LLC, an HR outsourcing, consulting, and recruitment services firm. The transaction closed in January of this year.
Kathy Albarado, CEO and Founder of Helios HR will work closely with Ethan Foxman, president of the Atlantic Region and join NFP as senior vice president, continuing to maintain regional relationships. Ethan Gill, the firm's president, will also join NFP as senior vice president reporting to Ethan Foxman in an operations role. The Helios leadership team and consultants will continue to operate in their existing roles.
'I'm excited to welcome the Helios HR team to NFP,' said Foxman. 'We're adding depth to our capabilities, relationships and expertise at a time when employers need more support navigating a variety of HR and talent-related challenges. Kathy, her team, and the Helios HR brand are extremely well-respected throughout greater Washington, D.C. In addition, we've maintained a business relationship with them for almost 10 years, so we know this partnership will be a great culture fit for NFP.'
Acquiring Helios HR will expand NFP's efforts to build an HR and recruiting solutions service, providing expertise in HR outsourcing, recruiting, interim HR management, and human capital consulting services to employers of all sizes and industries.
"Becoming part of the NFP family is an exciting next step in our journey as an organization,' said Albarado. 'As a multiple year Best Place to Work award winner, NFP truly exemplifies a PeopleFirst culture, which gives me great comfort in this decision for our team and clients. Being part of NFP creates new opportunities to support the HR and recruiting needs of employers across the country in the dynamic environments of today and the future.'