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Insurance broker buys Atlanta-based benefit consulting company

Privately held insurance broker Palmer & Cay LLC acquired Atlanta-based Millennium Benefits Consulting for undisclosed terms.

Millennium Benefits Consulting provides health and welfare plan consulting services for middle market to large corporate clients. Palmer & Cay is a specialty brokerage company that offers insurance, risk management and employee benefit consulting services to middle market and large corporate clients throughout the U.S.

In connection with the deal, Millennium Benefits Consulting co-founders Angie Marchant and Keith Tallmadge joined Palmer & Cay as partners. They will oversee the growth and development of Palmer & Cay Benefits.