Latest Mergers & Acquisitions Headlines

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

Brown & Brown Agrees to Buy Dutch Insurance Broker, Quintes Holding B.V.

Jul 29 2024 // Brown & Brown Inc. announced it has entered into an agreement to acquire Quintes Holding B.V., a Netherlands-based insurance group.Brown & Brown acquired Quintes from the private investment firm Aquiline Capital...

Update: Legacy Acquisition Specialist Enstar to Be Acquired by Sixth Street for $5.1B

Jul 29 2024 // Investment firm Sixth Street will acquire Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, for $5.1 billion, according to Enstar in an announcement.Liberty Strategic Capital (a private equity company led...

Business Moves: NFP, Clear Group, and Strategic Risk Group Complete 4 Acquisitions

Jul 26 2024 // Three brokers – NFP, Clear Group, and Strategic Risk Group – each announced acquisitions during July.In reverse chronological order, the acquisitions are listed as follows: NFP, the New York-based insurance broker and...

ALKEME Acquires Georgia’s Morris & Templeton Agency

Jul 26 2024 // ALKEME, a national insurance broker, has acquired Morris & Templeton in Savannah, Georgia, expanding ALKEME’s footprint in the Southeast. Morris & Templeton was founded in 1981, offering commercial and...

PCF Acquires Texas’ Montalvo Insurance Agency

Jul 26 2024 // PCF Insurance Solutions announced it has acquired the insurance business of Weslaco, Texas-based Montalvo Insurance Agency. Montalvo offers personal and commercial insurance coverage including homeowners, auto, general and...

BHP Must Stop Funding Legal Action to Halt Mariana Dam Claim, London Court Rules

Jul 24 2024 // BHP Group must stop funding legal action seeking to halt some Brazilian municipalities from bringing a multi-billion-pound claim over one of Brazil’s worst environmental disasters, London’s High Court ruled on...

Jewelers Mutual Acquiring Union Life & Casualty Insurance Agency in Arizona

Jul 24 2024 // Jewelers Mutual Group acquired Union Life & Casualty Insurance Agency in Phoenix, Arizona. JM Insurance Agency Partners Inc., a Jewelers Mutual Group company, will join with UL&C. UL&C has been in the insurance...

NFP Acquires Louisiana’s Southern Insurance Agency

Jul 24 2024 // NFP, an Aon company and property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, announced the acquisition of Southern Insurance Agency LLC (SIA), a commercial property and casualty...

Applied Systems Acquires Insurance AI Platform Planck

Jul 24 2024 // Insurance software firm Applied Systems reports that it has acquired Planck, a leading artificial intelligence (AI) company for the insurance industry.Planck provides an AI-based data platform for commercial insurance. It...

Tropolis Acquires Three Insurance Agencies in Southeastern Michigan

Jul 23 2024 // Unity Partners, a principles-based private equity firm, and Tropolis, an Ann Arbor, Mich.-based insurance brokerage that provides property & casualty and employee benefits solutions, announced that Tropolis has...

Hub Acquires Wade Associates in North Carolina

Jul 23 2024 // Hub International Ltd., a global insurance brokerage and financial services firm, has acquired Wade Associates, an independent agency with offices in North Carolina. Wade has specialized in property/casualty insurance for...

British Insurers Propose Green Infrastructure Funding Model

Jul 23 2024 // Britain’s insurers set out plans on Monday on how to channel billions of pounds freed up from their safety buffers into infrastructure such as EV charging stations to boost growth.The new Labour government in Britain...

OPTIS: Insurance Agency M&A Reaches 4-Year, First-Half Low

Jul 17 2024 // The total of insurance agency mergers and acquisitions during the first six months of 2024 was the lowest over the first half since 2020, according to investment banking and financial firm OPTIS Partners.OPTIS...

Massachusetts Insurance Agency Deland, Gibson Acquires Atchue Agency

Jul 17 2024 // Independent insurance agency Deland, Gibson Insurance Associates in Wellesley, Massachusetts announced it recently acquired Atchue Insurance Agency, which is located about 35 miles away in Worcester.Founded by Earl V....

Fleming Files Lawsuit Against James River, Alleging Fraud During JRG Re Acquisition

Jul 17 2024 // Fleming Intermediate Holdings filed a lawsuit against James River Group Holdings Ltd., alleging it had been defrauded during its $300 million acquisition of JRG Reinsurance Co.Once the deal agreement was signed in November...

Disaster-Struck Cities Fight for Aid as FEMA Funding Runs Low

Jul 17 2024 // A once in 200-years storm dumped 11 inches of rain over four hours on the central Massachusetts town of Leominster in September, washing away culverts, creating a sinkhole that swallowed cars at a dealership and flooding...

World Insurance Acquires Rhode Island’s Affiliated Insurance Managers

Jul 16 2024 // Insurance broker World Insurance Associates announced that it recently acquired the business of Affiliated Insurance Managers (AIM) of Warwick, Rhode Island.AIM was founded in 1937. Today the agency is primarily focused on...

Novatae Acquires Missouri-Based Denali Specialty Group

Jul 15 2024 // Novatae Risk Group announced that it has acquired the assets of Denali Specialty Group, LLC of St. Louis, MO on July 1, 2024. Terms of the transaction were not disclosed. Founded in 2019, Denali is a full-service insurance...

Hub Acquires Swanson Insurance Agency in Louisiana

Jul 15 2024 // Hub International Limited announced the acquisition of the assets of Swanson Insurance Agency, Inc. & Swanson & Associates, Inc. (collectively, Swanson Insurance Agency). Terms of the transaction were not...

Alphabet in Talks to Buy Wiz in $23 Billion Cyber Deal

Jul 15 2024 // Google parent Alphabet Inc. is in talks to acquire cybersecurity startup Wiz Inc., according to a person familiar with the matter.A deal may be worth as much as $23 billion, said the person, who asked not to be identified...