All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Nov 22 2023 // Arthur J. Gallagher & Co. announced the acquisition of Queensbury, New York-based independent insurance agency, Hughes Insurance Agency, Inc.From it headquarters in Queensbury and an office in Albany, Hughes serves the...
Nov 22 2023 // Inszone Insurance Services acquired Letherer Insurance Consultants in New Mexico. Letherer Insurance Consultants specializes in professional liability coverage for attorneys, dentists, doctors and accountants. Sacramento,...
Nov 21 2023 // Insurance Claims management service Alacrity Solutions Group, has acquired Cross Country Adjusting of Pageland, South Carolina.CCA, founded in 2005, provides residential and commercial property claims adjusting through a...
Nov 20 2023 // Virginia-based Choice Financial Group has acquired Jeff D. Hackmeier and Associates, a south Florida insurance agency catering to high net-worth clients. Hackmeier, based in Bay Harbor Islands, near Miami, has been in...
Nov 20 2023 // Investment banking and financial firm OPTIS Partners said the count of agency mergers and acquisitions through the first three quarters of 2023 saw the largest declined ever recorded.There were 534 announced M&A deals...
Nov 17 2023 // Wholesale broker Amwins Group, Inc. said it completed a $1 billion recapitalization transaction with its existing shareholder group.Dragoneer Investment Group, Genstar Capital, SkyKnight Capital, and employee shareholders...
Nov 16 2023 // Arthur J. Gallagher & Co. announced it has acquired certain assets of the retail agency business of East Lansing, Michigan-based Coverys Insurance Services. Terms of the transaction were not disclosed. Coverys...
Nov 16 2023 // Zurich Insurance Group announced that its subsidiary, Farmers Group Inc. (FGI), has agreed to acquire three insurance brokers of the Farmers Exchanges for US$760 million. The deal also includes the Farmers Exchanges’...
Nov 15 2023 // Inszone Insurance Services, a national provider of commercial, personal, and benefits insurance, has acquired Max Breisse Insurance Agency. Based in Katy, Texas, the agency was founded by Max Briesse in September of...
Nov 14 2023 // Hotchkiss Insurance has acquired InCore Group, an independent insurance consulting agency serving Texas, Oklahoma, and New Mexico. This move expands Hotchkiss’ footprint for commercial insurance and employee benefits...
Nov 14 2023 // The Clear Group, the London-based independent broker, has acquired Peter Hoare & Co. (Insurance Brokers) Ltd., based in Sheffield, England.Financial details of the transaction were not disclosed. Established in 1964,...
Nov 14 2023 // Arthur J. Gallagher & Co. announced the acquisition of Cobram, Victoria-based Edgar Insurance Brokers.Terms of the transaction were not disclosed. Edgar Insurance Brokers provides commercial insurance products and...
Nov 13 2023 // Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, announced that it has acquired the assets of Insurance Allies LLC (Insurance Allies), an industry leader in the...
Nov 9 2023 // National specialty broker Risk Strategies has added a Long Island commercial lines agency to its roster.Boston-based Risk Strategies announced its acquisition of Prince Associates, Inc., a multi-line retail independent...
Nov 8 2023 // DOXA Insurance Holdings announced it has entered into a definitive agreement to be acquired by Goldman Sachs Asset Management. The Fort Wayne, Indiana-based MGA said the investment will help fuel its ongoing acquisition...
Nov 8 2023 // Ping An Insurance (Group) Co. said it doesn’t hold any shares in Country Garden Holdings Co. and has no plans to acquire the distressed Chinese developer, refuting a report that sent the insurance giant’s stock...
Nov 8 2023 // Western New York’s Evans Bancorp, Inc. has agreed to sell its insurance agency operation, The Evans Agency, to global insurance broker Arthur J. Gallagher & Co. for $40 million.The net gain on sale, on an...
Nov 8 2023 // The Liberty Company Insurance Brokers continues its growth with the acquisition of Massabni Insurance & Financial, a veteran and family-owned agency in Hyattsville, Maryland. The deal was made in partnership with...
Nov 8 2023 // LTC Performance Strategies Inc. in Southern California has been acquired by IMA Financial Group. Following the acquisition, LTC’s leadership will join IMA. LTC will become LTC, an IMA company and will maintain its...
Nov 7 2023 // Warner Pacific announced that it has expanded into Minnesota by successfully completing its acquisition of BeneUSA LLC (“BeneUSA”), an Excelsior-based employee benefits General Agency specializing in ancillary...