All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
May 16 2024 // Florida-based King Insurance Partners announced it has acquired Marcus Insurance, an independent agency based in Wethersfield, Connecticut. The terms were not disclosed. Founded in 1941, Marcus Insurance is a family-run...
May 16 2024 // A bipartisan group of U.S. senators, including Majority Leader Chuck Schumer, called on Wednesday for a big jump in government research funding of artificial intelligence as they debate new legal safeguards.Generative...
May 14 2024 // The 22 acquirers that make up the Sica Fletcher Index were involved in 111 agent-broker deals in the first quarter 2024, totaling $284 million in revenue.That is a 21% drop in revenue from what was acquired during the same...
May 14 2024 // This edition of International People Moves details appointments at AXA XL Reinsurance and Fusion Specialty.A summary of these new hires follows here. AXA XL Reinsurance Names Sawyer to Expanded Role of Head of London...
May 13 2024 // Arthur J. Gallagher & Co. announced the acquisition of Cedar Rapids, Iowa-based Acumen Advisors, Inc. Terms of the transaction were not disclosed. Acumen is an employee benefits consultant serving small and mid-size...
May 13 2024 // Crest Insurance Group acquired trucking and transportation specialist Crossroads Insurance Services in Henderson, Nevada. The Henderson location will become the hub of the Crest’s trucking and transportation division...
May 10 2024 // Inszone Insurance Services announced its 15th acquisition in the state of Texas with the successful integration of Brazos Valley Insurance Agency. The move further solidifies Inszone’s commitment to enhancing its...
May 9 2024 // Alera Group announced the acquisition of Texas-based Trimble-Batjer. Founded in 1883, Trimble-Batjer provides surety and bonds, business solutions, employee benefits and insurance coverage for auto, home, health and life....
May 9 2024 // Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced the acquisition of certain assets from 2197747 Alberta Ltd., which is in turn partially owned by Carianne...
May 8 2024 // Hub International Limited announced the acquisition of the assets of True North Group Insurance Services, LLC (True North Group). Terms of the transaction were not disclosed. Located in Howell, Michigan, True North Group...
May 8 2024 // Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Australia’s PSC Insurance Group Ltd., in a deal valued at A$2.3 billion (US$1.5 billion).PSC is a...
May 7 2024 // Higginbotham announced it has acquired Barnard Insurance Group of Wichita Falls, Texas. Family owned and operated since 1931, Barnard is an independent agency with services that include personal, life and health, and...
May 7 2024 // Insurance broker Hub International Limited announced it has acquired the assets of William R. Cargill Insurance Agency, Inc.Terms of the transaction were not disclosed. Based in Topsfield, Massachusetts, Cargill Insurance...
May 6 2024 // USI Insurance Services announced the acquisition of Odessa, Texas-based Hignojos Insurance Agency. Founded in 2009, Hignojos Insurance Agency is an independent brokerage firm specializing in commercial and personal risk...
May 6 2024 // Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced the acquisition of Melbourne, Victoria-based Health Insurance Consultants Australia (HICA).Terms of the transaction were not disclosed....
May 6 2024 // Hub International Ltd. acquired Merriwether & Williams Insurance Services Inc. Merriwether & Williams has locations in San Francisco and Los Angeles, California, The firm provides contractor development abd bonding...
May 6 2024 // Inszone Insurance Services acquired Tri-Cities Insurance Professionals LLC, a multi-member managed broker agency in Pasco, Washington. Tri-Cities Insurance Professionals was founded by Craig Baumgartner, Gerald Tobias,...
May 3 2024 // Marsh McLennan Agency, a subsidiary of Marsh, reported it has acquired AC Risk Management (ACRM), an independent commercial lines brokerage based in Melville, New York.Terms of the acquisition were not disclosed. Founded...
May 3 2024 // National insurance firm Patriot Growth Insurance Services has acquired Lupton & Luce, a property/casualty agency is based in Riverhead, New York. Established in 1939, the agency is led by Hallock Luce IV and deeply...
May 2 2024 // PCF Insurance Services, an insurance brokerage operating in 40 states, has acquired All Star Insurance in Venus, Texas, and Encore Advisors, based in Norcross, Georgia. Utah-based PCF said in a news release this week that...