All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Jun 1 2022 // Acrisure said on Tuesday it had raised $725 million in a fresh funding round led by a wholly owned subsidiary of Abu Dhabi Investment Authority, valuing the insurance brokerage at $23 billion.The company has benefited from...
May 27 2022 // Milestone Partners acquired specialty auto insurance holding company Drive Assurance Holdings LLC (“Drive Assurance”) and the related acquisition of GoAuto, LLC (“GoAuto”) and its affiliated...
May 27 2022 // Great American Promotes Mulvey to Divisional PresidentGreat American Insurance Group recently announced the promotion of Michael B. Mulvey to divisional president within its FCIA, the division that underwrites trade credit...
May 27 2022 // Billionaire Elon Musk was sued by Twitter Inc .investors claiming he manipulated the company’s stock price downward, as the chief executive of electric carmaker Tesla Inc. mounts a $44 billion takeover bid for the...
May 26 2022 // Inszone Insurance Services, a full-service insurance brokerage firm which provides a broad array of property & casualty insurance, along with employee benefits solution, acquired Caleb Insurance and Financial Services,...
May 26 2022 // Property/casualty speciality insurer Randall & Quilter Investment Holdings Ltd. announced its planned acquisition by Brickell PC Insurance Holdings LLC has been terminated by shareholder Brickell.R&Q announced in...
May 25 2022 // HDI International AG, a subsidiary of Talanx Group, is acquiring the retail business of Sompo Seguros S.A. in Brazil.This acquisition enables HDI Seguros S.A. in Brazil to gain scale in motor and to diversify into...
May 25 2022 // Arthur J. Gallagher & Co. acquired Menlo Park, California-based Valerie Frederickson & Company Inc., dba Frederickson Partners. Founder Valerie Frederickson and her team will continue to operate under the direction...
May 19 2022 // Alera Group acquired West Michigan Insurance Inc., a Property & Casualty insurance agency based in Grand Rapids, Michigan, with office locations in Shelby, Michigan, and Hart, Michigan. Founded in 1924, West Michigan...
May 19 2022 // Allianz has acquired a 51% stake in Jubilee General Insurance Co. of Tanzania Ltd. from Jubilee Holdings Ltd. (JHL) and the Aga Khan Fund for Economic Development (AKFED).JHL will retain a 15% stake and six minority...
May 19 2022 // Brookfield Asset Management Inc. agreed to buy emergency household repairs provider HomeServe Plc in a deal valuing the company at £4.1 billion ($5 billion), one of the UK’s largest take-private transactions this...
May 18 2022 // Starr Insurance Cos. announced an agreement with FPG Insurance Holdings Ltd. (HK) and local Thai shareholders to purchase FPG Insurance Public Co. Ltd. (FPG Thailand), a Thai non-life insurance company.Starr’s...
May 16 2022 // USI Insurance Services acquired Sacramento, California-based Ames-Grenz Insurance Services Inc. Ames-Grenz is an employee benefits brokerage and advisory firm. USI is an insurance brokerage and consulting firm providing...
May 16 2022 // Arthur J. Gallagher & Co. announced the acquisition of Mokena, Illinois-based Hruska Insurancenter, Inc. Terms of the transaction were not disclosed. Founded in 1956, Hruska Insurancenter is a retail property/casualty...
May 16 2022 // Russia’s biggest airline, Aeroflot, said on Friday it had bought eight Airbus A330 aircraft from foreign leasing companies “as part of the fulfillment of contractual obligations.”More than 400 aircraft...
May 13 2022 // The Alabama Department of Insurance will hold a hearing in June on VR Insurance Holdings’ proposed purchase of the National Security Group.VR Insurance Holdings is a recently formed Delaware-based company formed by a...
May 13 2022 // WTW Vows to Grow M&A Practice, Appoints Broking Regional LeaderInsurance broker WTW (Willis Towers Watson) announced that Mark Rusas will focus exclusively on leading the Mergers & Acquisitions (M&A) practice...
May 12 2022 // Choice Financial Group reported that it has acquired property/casualty insurance agency Fonner Insurance Associates in Abington, Pennsylvania. Fonner has served the greater Philadelphia area for 30 years led by the Fonner...
May 12 2022 // Howden Insurance Brokers (Singapore) Pte Ltd., the international insurance broker and subsidiary of Howden, announced it has acquired the business and assets of AEGIS Insurance Agencies Pte., a Singapore-based specialist...
May 11 2022 // BXS Insurance, Inc. (BXSI), a subsidiary of Cadence Bank acquired the assets of Wall 2 Wall Benefit Services (Wall 2 Wall) which is headquartered in Stafford, Texas, a city within the Houston metropolitan statistical...