Latest Mergers & Acquisitions Headlines

All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.

Congress Avoids Government Shutdown with 2-Week Funding Measure

Dec 7 2017 // Congress passed a two-week extension of federal funding that averts a government shutdown this week but defers decisions on spending levels for defense and domestic programs.The House voted 235 to 193 in favor of the...

Republicans Eye Stopgap Funding to Avoid Government, Flood Insurance Shutdown

Dec 6 2017 // House Republicans are moving ahead with a plan to avoid a Saturday U.S. government shutdown by passing a two-week stopgap spending measure, overriding conservative GOP lawmakers who were pressing for a longer extension to...

Claims Firm Sedgwick to Acquire Competitor Cunningham Lindsey

Dec 6 2017 // Global claims firm Sedgwick Claims Management Services has agreed to acquire Cunningham Lindsey, another global loss adjusting and claims management firm.No terms were disclosed. CVC Capital Partners, a private investor...

Hub Acquires Assets of Maryland’s Contractor’s Services and Surety Services

Dec 5 2017 // Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Contractor’s Services Inc. (CSI) and Surety Services LLC (SS). Terms of the acquisitions were not disclosed.Headquartered in...

Arthur J. Gallagher & Co. Buys UK’s Gatehouse Consulting Ltd.

Dec 5 2017 // Arthur J. Gallagher & Co. announced the acquisition of London-based Gatehouse Consulting Ltd.Terms of the transaction were not disclosed. Gatehouse Consulting is a full-service agency offering strategic communications...

Coverys Finalizes Acquisition of GIMC of Florida

Dec 5 2017 // On December 1, 2017, Coverys finalized the acquisition of Global Insurance Management Company, Inc. (GIMC), headquartered in Plantation, Fla.GIMC and its insurance subsidiary, Healthcare Underwriters Group, Inc., provide...

Argo Partners With Front Line Safety on Restaurant, Grocer Safety Products

Dec 4 2017 // Argo Insurance, a member of Argo Group International Holdings, Ltd., and an international underwriter of specialty insurance and reinsurance products, has partnered with Front Line Safety to offer services to its...

Octo Telematics Buys Usage-Based Insurance Assets of Willis Towers Watson

Dec 4 2017 // Octo Telematics, the the London-based provider of telematics for the auto insurance industry, announced it has completed its acquisition of the usage-based insurance (UBI) assets of Willis Towers Watson, which was...

USI Completes Acquisition of Wells Fargo Commercial Insurance Business

Dec 4 2017 // USI Insurance Services announced the closing on its acquisition of Wells Fargo Insurance Services USA (WFIS), formerly part of Wells Fargo & Co.This purchase includes the commercial insurance brokerage and consulting,...

Arthur J. Gallagher & Co. Acquires Illinois’ Weiss Insurance Agencies

Dec 4 2017 // Arthur J. Gallagher & Co. has acquired Wayne, Illinois-based Weiss Insurance Agencies Inc. Terms of the transaction were not disclosed.Founded in 1905, Weiss Insurance Agencies provides a full range of employee...

Cook Maran Acquires New York’s McDermott & Thomas Associates

Dec 1 2017 // Cook Maran & Associates (Cook Maran), a New York and New Jersey insurance broker and the New York metropolitan area platform for Prime Risk Partners (PRP), has acquired McDermott & Thomas Associates LLC (M&T),...

Randall & Quilter Sells R&Q Managing Agency to U.S. MedMal Insurer Coverys

Dec 1 2017 // Randall & Quilter Investment Holdings Ltd. announced it has completed the sale of its Lloyd’s managing agency, R&Q Managing Agency Ltd. (RQMA), to Coverys, a provider of medical professional liability...

Aon Switzerland Buys Swiss Broker Unidelta AG

Nov 30 2017 // Aon plc has acquired 100 percent interest in Unidelta AG, an insurance broker located in Rapperswil, St. Gallen, Switzerland. Unidelta AG was founded in 2004, and is an independent all-line insurance broker with a strong...

UK’s Aviva Plans to Return $4B of Extra Cash to Shareholders, Make Acquisitions

Nov 30 2017 // Aviva expects to generate an extra 3 billion pounds ($4 billion) in cash over the next two years and will make acquisitions as well as giving money back to shareholders, it said on Thursday, sending its share price to...

China Oceanside’s Acquisition of Genworth Again Delayed by U.S. Review

Nov 30 2017 // The closing deadline for China Oceanwide Holdings Group Co.’s proposed purchase of Genworth Financial Inc .has been extended for a second time, to April 1, to allow them to satisfy a U.S. review on foreign takeovers,...

Markel Completes Acquisition of UK Building Services Insurer EC Insurance Co.

Nov 29 2017 // Markel International, the specialist insurer, has completed its acquisition of EC Insurance Co. Ltd. (ECIC), having received approval from the Prudential Regulation Authority.Sevenoaks, England-based ECIC provides a wide...

Patriot National to Reorganize for Acquiring Lenders; Subsidiaries to File Chapter 11

Nov 29 2017 // Patriot National Inc., which provides technology, outsourcing and underwriting services to the insurance industry, has announced a plan of reorganization as part of a restructuring support agreement (RSA) with its lenders,...

Bedrock Insurance to Acquire Ashmere Insurance, Unit of Struggling Patriot National

Nov 28 2017 // Bedrock Insurance Group Holdings LLC (BIGH), based in New York, has agreed to acquire Deerfield Insurance Holdings Inc. and its operating subsidiary Ashmere Insurance Co. (AIC), a workers’ compensation specialty...

ONI Risk Partners Acquires Indiana’s HBG Insurance & Bonds

Nov 28 2017 // Indianapolis-based independent insurance broker, ONI Risk Partners (ONI), is acquiring HBG Insurance & Bonds (HBG), a privately owned agency based in Greencastle, Indiana. Led by President Rick Bittles, the HBG team...

Tribal First Acquires American Indian Health Services in Washington

Nov 28 2017 // Tribal First, a division of Alliant Specialty Insurance Services Inc., has acquired American Indian Health Services. Brendan McKenna, president of AIHS, and his team will join Alliant and continue to serve clients from its...