OneDigital Acquires Nonprofit HR Solutions, Fueling Expansion
The acquisition is OneDigital’s first in the nonprofit sector.
OneDigital, an insurance brokerage, financial services and human resources consulting firm, has expanded into the social impact sector through its acquisition of Nonprofit HR Solutions LLC.
Nonprofit HR Solutions, founded in 2000 by President and CEO Lisa Brown Alexander, specializes in meeting HR needs of the social sector. The firm serves nonprofits, associations, social enterprises and other mission-driven organizations. It offers expertise in organizational strategy, HR outsourcing, total rewards and search, as well as in people management.
“For nearly 25 years, Nonprofit HR has proudly stood as a trailblazer in reimagining how mission-driven organizations approach their people and talent strategies,” Alexander said in a statement. “As a leader dedicated to advancing social sector impact, I am excited to embark on this next chapter with OneDigital.”
Mike Sullivan, OneDigital’s chief growth officer, noted the scope of the nonprofit sector, noting that it employs nearly 12 million people nationwide, making it the third-largest employment sector in the country.
“Attracting Nonprofit HR’s deeply networked and highly credentialed cadre of talent, and their profound understanding of the nonprofit sector’s unique challenges, combined with OneDigital’s integrated solutions across employee benefits, retirement and financial planning, creates immediate value for the client communities both firms serve today,” Sullivan said in a statement.
Frank Zugaro, national vice president of retirement solutions at OneDigital, highlights the firm’s existing work in the nonprofit sector. He says nonprofits have long been one of OneDigital’s top client sectors, with more than 1,800 nonprofit organizations relying on the firm across HR, benefits, retirement and additional solutions.
“The acquisition of Nonprofit HR represents a significant step in our vision to build a dedicated nonprofit vertical and solidify our position as the advisor of choice for nonprofit and social impact organizations,” Zugaro says.
According to OneDigital, the partnership also supports the firm’s diversity, equity, inclusion and belonging growth strategy by prioritizing women- and minority-owned businesses.
OneDigital (officially Digital Insurance LLC) has actively expanded its services through acquisitions. In 2024, the firm acquired Elite Insurance Solutions, Legacy Asset Management and WealthSource Partners.