Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
TWFG Insurance Acquires Ohio’s American Insurance Strategies
Dec 8 2022 // The Woodlands Financial Group subsidiary TWFG Insurance Services LLC, announced its acquisition of American Insurance Strategies, located in the Dayton, Ohio and Milwaukee, Wisconsin areas. AIS has $18 million in written...
Hub Acquires Assets of Invensure Insurance Brokers in California
Dec 7 2022 // Hub International Limited acquired the assets of Invensure Insurance Brokers Inc. in Irvine, California. Robert Parent, CEO, and Charlene Richards, Executive Vice President, and the Invensure team will join Hub Los...
BMS Acquires Spanish Specialty Broker Eisenar
Dec 7 2022 // BMS, London-based independent specialty insurance and reinsurance broker, announced it has signed a deal to acquire Eisenar, the Spanish specialty insurance broker. The terms of the acquisition were not disclosed. Eisenar...
Union Bay Acquires Pennsylvania’s LaBrozzi Insurance
Dec 6 2022 // Union Bay Acquisition, an aggregator of insurance agencies agent based in Princeton, New Jersey, has acquired LaBrozzi Insurance Group, Inc. of Bradford, Pennsylvania. Terms were not disclosed. Debra LaBrozzi is the...
Xenia to Buy UK Trade Credit Insurance Broker Linda Scott Associates
Dec 6 2022 // Xenia Broking Group Ltd. (XBGL) announced it has agreed to acquire the trade credit insurance business of Linda Scott Associates Limited (LSA). The transaction is expected to complete on Dec. 22, subject to certain closing...
Texas Regional Bank Expands Into Insurance With Acquisition of Mission Duncan
Dec 5 2022 // Texas Regional Bank (TRB) announced the addition of insurance to its suite of financial services. TRB Insurance will offer a wide range of products and services, including home, auto, and life insurance, as well as...
Ardonagh Advisory Acquires UK Broker The Professional Indemnity Co.
Dec 5 2022 // Ardonagh Advisory Holdings Ltd, a subsidiary of The Ardonagh Group, announced it has acquired The Professional Broking Group Ltd., which trades as The Professional Indemnity Co. Financial details of the deal were not...
Marsh McLennan Acquires McDonald Zaring in Washington
Dec 2 2022 // Marsh McLennan Agency acquired McDonald Zaring Insurance in Walla Walla, Washington. McDonald Zaring Insurance serves individuals and businesses across all industries and sizes, including agri-business, wineries, financial...
KKR Used Equity Rather Than Debt to Fund Acquisition of Broker April Group
Dec 2 2022 // KKR & Co.’s buyout of a French insurance broker is offering a window into the diminishing power of Wall Street’s vaunted leveraged finance machine. The buyout firm agreed to fund on its own the totality of...
Amwins Buys Franklin Street’s Arena Special Risks Wholesale Book
Dec 1 2022 // Amwins, an international distributor of specialty insurance products, has purchased Atlanta-based Arena Special Risks’ wholesale business from Franklin Street. The move will allow Franklin Street to concentrate on...
PCF Insurance Services Acquires Georgia-based VB@Work
Dec 1 2022 // PCF Insurance Services, one of the larger brokerage firms in the country, has acquired Georgia-based Voluntary Benefits at Work. VB@Work, as it is abbreviated, said it designs employee benefits packages that minimize...
Howden Acquires Australian Specialty Broker AlphaXO Risk Partners
Dec 1 2022 // Howden, the London-based insurance broker, announced it has increased its shareholding to 100% in AlphaXO Risk Partners, an Australian specialty insurance broker. Financial details of the deal were not...
ALKEME Acquires Dealer Insurance Services in California
Nov 30 2022 // ALKEME acquired Dealer Insurance Services in Laguna Hills, California. Dealer Insurance Services will continue to operate under its current brand. Dealer Insurance Services specializes in benefits, with a focus on the auto...
Prioritizing Compliance in Insurance Mergers and Acquisitions
Nov 30 2022 // This post is part of a series sponsored by AgentSync. While the pandemic cooled off mergers and acquisitions activity in the insurance market, all signs point to a hot M&A market in the next year. If you’re in...
NFP Acquires Olson & Olson in Colorado
Nov 29 2022 // NFP acquired Olson & Olson Insurance Services Inc. in Denver, Colorado. Firm leaders Darrell Olson II and Lance Olson will join NFP and report to John Hohman, president, West region, NFP. Olson & Olson is an...
Albertsons, Kroger CEOs to Defend $25B Merger to Skeptical U.S. Senators
Nov 29 2022 // Top executives at Kroger Co. and Albertsons Companies Inc. are expected to face tough questions on Tuesday from lawmakers who worry the grocers’ planned $25 billion merger will push up food prices at a time when...
Hilb Group Acquires Sharpline Brokerages of Pennsylvania
Nov 29 2022 // The Hilb Group announced that it has acquired Pennsylvania-based Sharpline Insurance Brokerages, expanding its property/casualty presence throughout the Mid-Atlantic. Based in King of Prussia, Pennsylvania, Sharpline...
Arthur J. Gallagher Acquires Bulen & Associates in California
Nov 28 2022 // Arthur J. Gallagher & Co. acquired Murrieta, California-based Bulen & Associates Insurance Services Inc. Lisa Mosby and her team will remain in their current location under the direction of Scott Firestone, head of...
Ardonagh Group to Buy Australian Insurance Investment, Distribution Firm Envest
Nov 23 2022 // The Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Envest Pty Ltd., an Australian insurance investment and distribution business. Headquartered in Brisbane,...
Towne Insurance Acquires Lockhart Agency in Charlotte
Nov 21 2022 // Towne Insurance Agency, with offices across Virginia and the Carolinas, has acquired Lockhart Insurance, expanding its footprint in the Charlotte area. Lockhart was founded in 1972 by Gregg Lockhart and has been a fixture...