Latest Mergers & Acquisitions Headlines

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

Aon’s NFP Acquires Irish Wealth and Corporate Benefits Advisory Business

Nov 8 2024 // NFP, the Aon company and international insurance brokerage and consulting firm, announced it has acquired HC Financial, a financial planning and corporate employee benefits advisory business based in Galway,...

Business Moves: Ryan Specialty Acquires MGU Specialist; Clear Buys UK’s CoverMarque

Nov 6 2024 // Ryan Specialty, the Chicago-based specialty insurance services firm, has completed the acquisition of Innovisk Capital Partners from Abry Partners and BHMS Investments.Financial details of the deal were not disclosed....

Arthur J. Gallagher Acquires Statewide Commercial Insurance Brokers

Nov 6 2024 // Arthur J. Gallagher & Co. acquired Altadena, California-based American Matar International Inc., dba Statewide Commercial Insurance Brokers. Lana Matar and her team will remain in their current location under the...

Arthur J. Gallagher & Co. Acquires Michigan’s Peabody

Nov 5 2024 // Arthur J. Gallagher & Co. announced the acquisition of Fenton, Michigan-based Peabody Insurance Agency, Inc. (Peabody Insurance). Terms of the transaction were not disclosed. Peabody Insurance is a retail insurance...

Specialist Risk Group Acquires UK-Based MGA NW Re

Nov 5 2024 // Specialist Risk Group (SRG), the London-based specialist insurance intermediary that is majority-owned by Warburg Pincus and Temasek, announced the acquisition of specialist reinsurance firm NW Re.Financial details of the...

Aon to Acquire UK Insurance Broker Griffiths & Armour

Nov 5 2024 // Insurance broker Aon plc has signed a definitive agreement to acquire UK-based insurance broker Griffiths & Armour.Financial details of the deal were not disclosed. Upon completion of the transaction, Griffiths &...

Hub International Acquires Western Growers Insurance Services in California

Nov 5 2024 // Hub International Ltd. acquired the retail insurance brokerage business of Western Growers Insurance Services in a move aimed at expanding Hub’s services in the agribusiness industry.WGIS has 10 offices located in...

Monarch E&S Acquires Texas’ Professional Insurance Executives

Nov 4 2024 // Monarch E&S Insurance Services (Monarch E&S), a division of Specialty Program Group LLC, announced its strategic acquisition of the assets of Professional Insurance Executives, Inc. (PIE), a leading contract...

Renaissance Acquires Business of United Agents of Arizona

Nov 4 2024 // Renaissance acquired the agency network business of United Agents of Arizona. The transaction follows the network’s 2023 acquisition of Agency Partners Inc., which brought 54 new agencies in Alabama and Georgia into...

Vertafore Acquires Surefyre to Expand Offerings for MGA Growth

Nov 4 2024 // Insurance software-as-a-service provider Vertafore said it has acquired Surefyre, a submission and underwriting platform for managing general agencies and wholesalers.The deal’s financial terms were not disclosed....

Ardonagh Advisory Agrees to Acquire Rowett Insurance Broking in UK

Nov 1 2024 // Ardonagh Advisory announced it has agreed to acquire Rowett Insurance Broking Ltd. in the UK.Rowett specializes in commercial, and personal insurance from its offices in St. Austell and Plymouth, England. Its subsidiary...

Ryan Specialty in Discussions to Acquire UK’s Innovisk Capital Partners

Nov 1 2024 // Ryan Specialty, the Chicago-based specialty insurance services firm, announced it is in final discussions to acquire Innovisk Capital Partners from Abry Partners and BHMS Investments LP.As a result of the acquisition,...

Delos in California Secures Another $9M Funding

Nov 1 2024 // Property insurance managing general agent Delos Insurance Solutions said it has raised $9 million through a Series A funding round led by HSBC Asset Management and includes IA Capital Group, Blue Bear Capital and...

Clear Group Acquires UK Broker A-One Insurance Group

Oct 31 2024 // The Clear Group, the London-based independent insurance broker, announced the acquisition of A-One Insurance Group (A-One), a major commercial insurance broker in the south of England.Financial details of the transaction...

OPTIS: Insurance Agency M&A Down 10% This Year

Oct 31 2024 // The total of insurance agency mergers and acquisitions as of the end of September was down 10% from the same period in 2023, according to investment banking and financial consulting firm OPTIS Partners.OPTIS...

InterWest Acquires McDermott-Costa Insurance Brokers in California

Oct 31 2024 // InterWest Insurance Services acquired McDermott-Costa Insurance Brokers in San Leandro, California. John Johnson and Mike McDermott will remain in leadership roles. InterWest is headquartered in Sacramento. McDermott-Costa...

FTC Antitrust Merger Rules Issued After Rare, Bipartisan Compromise

Oct 30 2024 // A new US antitrust rule requiring companies to give the government more information on their mergers and acquisitions came with a surprise twist: The Federal Trade Commission passed it with a rare 5-0 vote.The...

King Risk Partners Acquires Connecticut’s Suzio Insurance

Oct 30 2024 // Florida-based insurance broker King Risk Partners reports it has acquired Suzio Insurance Center, Inc., an independent insurance agency based in Meriden, Connecticut. Suzio Insurance Center was started in 1974 by the late...

Specialist Risk Group Acquires Bloodstock and Livestock Specialist Broker Stonehatch

Oct 30 2024 // Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Stonehatch, a leading specialist bloodstock and livestock insurance broker.Financial details of the transaction were not...

Arthur J. Gallagher Acquires Adept Benefits in Washington

Oct 30 2024 // Arthur J. Gallagher & Co. acquired Snoqualmie, Washington-based Adept Benefits LLC. Adept Benefits is a health and benefits consulting firm serving clients in the greater Seattle area. Megan Narrance and her team will...