Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Arthur J. Gallagher & Co. Acquires Nebraska’s Quality First Insurance
Apr 5 2023 // Arthur J. Gallagher & Co. announced the acquisition of La Vista, Nebraska-based Quality First Insurance, LLC. Terms of the transaction were not disclosed. Quality First Insurance is an insurance agency serving health...
Hub’s SPG Acquires Squaremouth Travel Insurance Platform
Apr 5 2023 // Specialty Program Group, a holding company established to acquire specialty insurance firms, has purchased the travel insurance service known as Squaremouth. Headquartered in St. Petersburg, Squaremouth offers travel...
OGA Acquires Arkansas’ Jaeger + Haines, Inc.
Apr 4 2023 // One General Agency (OGA) of Oklahoma City announced that it has acquired Jaeger + Haines, Inc., a wholesale broker in Fayetteville, Arkansas. Since 1976, Jaeger + Haines has served agents across Arkansas, Missouri,...
Risk Strategies Acquires May, Bonee & Clark of Connecticut
Apr 4 2023 // National specialty insurance broker Risk Strategies has acquired May, Bonee & Clark Insurance, a Connecticut-based business and personal insurance, employee benefits and risk management firm. The firm also offers...
DOXA Acquires Georgia-based Preferred Aviation MGA
Apr 4 2023 // DOXA Insurance Holdings, an Indiana firm, has expanded its stable of distribution companies with the recent acquisition of Georgia-based Preferred Aviation Underwriters, a managing general agent. PAU, headquartered in...
Ardonagh Advisory Acquires UK Broker Pace Ward
Apr 4 2023 // Ardonagh Advisory, the London-based SME broking platform, announced the acquisition of Pace Ward, a UK-based local broker that provides national coverage for large commercial clients, prestige and high-performance cars,...
BMS Launches Middle East Operations With Acquisition of UAE’s Berns Brett Masaood
Apr 4 2023 // BMS, the London-based independent specialist re/insurance broker, announced it has entered into an agreement to acquire a majority share in Berns Brett Masaood (BBM), a leading UAE insurance broker established in 2007 and...
Acquisitions and Agency Value
Apr 3 2023 // Growth by merger or acquisition is still a popular and valuable tool. One of the main reasons why this is staying popular among agencies is because it is a way for them to show growth when they are struggling with it...
Gallagher Launches in Sweden Following Integration, Rebranding of 3 Acquired Brokers
Mar 31 2023 // Gallagher will launch its first direct presence in Sweden on Monday, April 3, following the integration and rebranding of its three individual Swedish businesses Brim, Nordic and Proinova. Gallagher acquired Brim in 2016,...
World Insurance Acquires Finger Lakes Partners Insurance
Mar 28 2023 // National insurance broker World Insurance Associates has acquired the business of Finger Lakes Partners Insurance Services Inc. of Geneva, New York. Finger Lakes was formed in 2007 with the merger of Chacchia & Parrott...
Private Equity Investor AnaCap Sells Minority Stake in German Broker MRH Trowe
Mar 28 2023 // AnaCap Financial Partners, a London-based private equity investor, announced the sale of a minority stake in portfolio company MRH Trowe, a German owner-managed commercial lines insurance broker. AnaCap and MRHT’s...
North Carolina’s First Citizens Bank to Acquire Most of Collapsed Silicon Valley Bank
Mar 28 2023 // North Carolina-based First Citizens Bank, which also offers property and other types of insurance, will acquire much of Silicon Valley Bank, the tech-focused financial institution that collapsed this month, setting off a...
Professional Benefit Services in Washington Acquired by Parker, Smith & Feek
Mar 27 2023 // Parker, Smith & Feek acquired Professional Benefit Services Inc. in Washington. PBS President Jere Meyer and Account Executives Katie Stewart and Lesley Behrndt will join Parker, Smith & Feek’s team of more...
Insurtech Kin Increases Series D Funding Round to $109 Million
Mar 23 2023 // Kin, the direct-to-consumer home insurance company, announced it conducted a third close, an incremental $15 million, to its Series D round in the fourth quarter of 2022. The investment came from Geodesic Capital, QED...
Far from Home: Western-based Warner Pacific Acquires Agents Marketing Group in Miami
Mar 23 2023 // Warner Pacific, a large general agency in several Western U.S. states, is reaching eastward with the acquisition of Agents Marketing Group in Miami, the company announced. The acquisition of AMG, a general agency, will...
NFP Acquires Illinois’ David Marcus
Mar 21 2023 // NFP, a property and casualty broker, benefits consultant, wealth manager and retirement advisor, announced it has acquired David A. Marcus & Associates, Inc. and Deerfield Financial Group, LLC (David Marcus). Based in...
Correll Group Acquires Two More SE Agencies
Mar 21 2023 // Correll Insurance Group, a rapidly growing agency in the Southeast, announced two more acquisitions of Tennessee-based agencies: SouthPoint Risk, in Nashville, and Insight Risk Management, in Memphis. Correll said in a...
Arthur J. Gallagher Acquires Viking Bond Service in Arizona
Mar 21 2023 // Arthur J. Gallagher & Co. acquired Phoenix, Arizona-based Viking Bond Service Inc. Tom Buckner, Bill Belpedio and the Viking Bond team will operate under the direction of Kevin Garvin, head of Affinity North America...
Arthur J. Gallagher & Co. Acquires Indiana’s SBP
Mar 20 2023 // Arthur J. Gallagher & Co. today announced the acquisition of Fort Wayne, Indiana-based Stewart, Brimner, Peters & Company, Inc. (SBP). Terms of the transaction were not disclosed. SBP is a retail insurance broker...
Reliance Acquires Assets of Truck Team Insurance in Utah
Mar 20 2023 // Reliance Partners acquired the assets of Truck Team Insurance in Salt Lake City, Utah. Truck Team Insurance Owner Brent Tate will also join Reliance Partners’ team as vice president of sales. He has more than 20...
