All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Oct 27 2021 // London-based Aston Lark reported it has acquired Bainbridge Collins Ltd., a Midlands independent insurance brokerage focused on the mid corporate sector.Led by Cyril Gallagher, Bainbridge Collins was established more than...
Oct 27 2021 // While global investment in insurtechs continues to rise, not all insurtechs are benefitting. Rather, much of the funding is focused on a relatively few startups.For example, in the second quarter, more than two-thirds of...
Oct 26 2021 // Britain’s financial watchdog said on Tuesday it won’t stop insurer LV= from proceeding with the disputed sale of its pensions and life insurance business to U.S. private equity company Bain Capital.LV=, founded...
Oct 26 2021 // IMA Financial Group is acquiring Washington-based Parker, Smith & Feek to expand its brokerage services in the Pacific Northwest, Alaska and Hawaii.The deal is effective Nov. 1. Terms were not disclosed. IMA’s...
Oct 25 2021 // Effective October 15, 2021, independent insurance agency Ensurise LLC announced its acquisition of the property/casualty insurance brokerage business of Gerczak Insurance Agency Inc. Founded in 2007 by Gary R. Gerczak,...
Oct 25 2021 // Direct-to-consumer DNA testing firm 23andMe Holding Co. said on Friday it would buy privately held company Lemonaid Health Inc. for $400 million in a cash-and-stock deal, as it looks to expand into telemedicine.Lemonaid...
Oct 22 2021 // The Hilb Group acquired Massachusetts-based Forrest Insurance Agency, increasing its property/casualty offerings and presence throughout New England. The transaction became effective October 1, 2021. Agency principals...
Oct 21 2021 // Howden, the London-based insurance broker, announced the acquisition of Foram Brokerage Ltd., an independent re/insurance broker based in Hamilton, Bermuda.Financial terms of the transaction were not disclosed. Howden to...
Oct 21 2021 // BMS, the UK independent specialist insurance and reinsurance broker, announced the acquisition of Seoul-based insurance broker, Value-add Insurance Broker (VIB).Financial terms of the transaction were not disclosed. As...
Oct 20 2021 // Oli Insurance Services Inc. has acquired Rose City Associates in Portland, Ore.Pete Lackner and Bob Asher created Rose City Associates in 2012 through a merger of their respective agencies, and will continue to lead their...
Oct 20 2021 // Aston Lark, the Goldman Sachs-backed broker, announced the acquisition of Absolute Products Ltd., its 40th deal since its formation in 2018 and its 24th in 2021 alone.Financial terms of the deal were not disclosed....
Oct 20 2021 // Global investment company JAB Holding Co. is acquiring a majority stake in UK pet insurer, Cardif Pinnacle.Cardif Pinnacle’s current parent company, BNP Paribas Cardif, will retain a significant minority interest in...
Oct 19 2021 // Davies, a professional services and technology company serving the insurance market, announced it has agreed to purchase Insurance Risk Services, a Florida-based firm that provides inspections for underwriting. Insurance...
Oct 19 2021 // Boston-based One80 Intermediaries (One80), a national wholesale broker, program manager, third-party administrator (TPA), warranty and lender-based insurance provider, and insurance aggregator, has acquired Equity Partners...
Oct 19 2021 // Independence Pet Holdings (IHC), the U.S. pet insurance platform for JAB Holding Co., a German conglomerate based in Luxembourg, is acquiring Chicago-based pet insurance provider, Figo.As part of the acquisition agreement,...
Oct 19 2021 // Brown & Brown, Inc. has acquired all of the stock of Remedy Analytics. Founded in 2011 by current chief executive officer, Scott L. Martin, Remedy Analytics uses its proprietary PharmaLogic® data-based medication...
Oct 19 2021 // The Hilb Group acquired Connecticut-based Gerardi Insurance Services Inc., increasing its New England footprint. The transaction became effective October 1, 2021. Based in Putnam, Connecticut, Gerardi Insurance offers...
Oct 19 2021 // There were 553 announced insurance agency mergers and acquisitions during the first three quarters of 2021, up from 490 in 2020, According to an OPTIS Partners’ M&A report, that was the highest recorded total for...
Oct 19 2021 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Taupo, New Zealand-based Matt Jensen Insurance Brokers Ltd.Terms of the transaction were not disclosed. Founded in 2005,...
Oct 18 2021 // Arthur J. Gallagher & Co., the Rolling Meadow, Ill.-based broker, announced it has completed its acquisition of Mumbai, India-based Edelweiss Gallagher Insurance Brokers Ltd.Financial details of the transaction, which...