Alliance Group Creates Incredible Growth for Empower Benefits...

Zach Malone, Chief Operating Officer of Empower Benefits, knew Alliance Group was the right partner for his business. “It was crucial for us to find an investment group that allowed us to run the business operationally, while still providing excellent financial guidance and recommendations,” Malone said.  “Alliance Group has believed in us from day one, and not only have they given us the funding needed to launch our business, they have an impressive list of contacts who they can introduce to our platform. I believe their financial knowledge and experience, coupled with their large network of potential clients, is critical to Empower’s future success.”

Chris Carmicle, the President of National Accounts and Direct Imports Division for
Brown Jordan International, confidently referred Malone to Alliance Group. “I’ve been the owner of an entrepreneurial company with multi-million dollar investments, and I’ve worked with companies owned by venture capital firms,” Carmicle said. “There are many options out there. Empower Benefits needed someone who could not only help them financially, but could also be patient and nurturing as they developed as a company.  Alliance Group’s CEO, Les O’Nan, is a patient man and he’s smart with his money. I knew this would be an excellent match.”

The Empower Benefits outsource solution offers clients a web platform for employees to access and receive discounts from over 300 nationwide retailers.  Empower Benefits also provides access to voluntary employee benefits through payroll deduction. Empower Benefits manages all relationships with outside vendors, and provides a consolidated billing service to its clients, allowing them to offer employees a wider variety of employee benefits without using their own time and resources.

Alliance Group is a 45 percent shareholder in the company, and throughout the transaction process, O’Nan and Chief Operating Officer Michael Pitino have played a critical role in creating a sound financial strategy for Malone and Empower Benefits.

“We have talked to Les and Mike in great detail about our business model and future opportunities that they can provide us in terms of finding new clients,” Malone said.  “I am certain that Alliance Group will be able to refer us into the marketplace and ultimately create more business for us than we ever could hope to find on our own.”

Malone couldn’t be happier with Empower’s decision to partner with Alliance Group. “Alliance Group is what I call smart money,” Malone said.  “I know that our relationship with them is going to continue to add value to our company.  I have already recommended them to colleagues of mine, and I will continue to do so.”