Marsh Agency Buys Kinloch Consulting’s Boston Office
Marsh & McLennan Agency (MMA), the retail unit of Marsh, has acquired the Boston office of Kinloch Consulting Group Inc., the employee benefits division of Kinloch Holdings Inc.
Terms of the transaction were not disclosed.
Kinloch Boston — which has with annual revenue of approximately $2 million — will be folded into Bostonian Group, which MMA acquired in May 2010.
Kinloch Boston, which focuses on middle market employee benefits, is the tenth for MMA since November 2009. MMA has annual revenue of approximately $290 million.
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