Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Alera Group Acquires New York-Based International Broker Foa & Son
Jan 19 2022 // Alera Group reports it has acquired Foa & Son, an international insurance broker based in New York City. Terms were not disclosed. Founded in 1861, Foa & Son maintains commercial practice groups in multinational...
Risk Strategies Acquires Burke Insurance Group in New Mexico
Jan 19 2022 // Risk Strategies acquired Burke Insurance Group LLC, a New Mexico-based commercial retail insurance agency. The acquisition marks Risk Strategies’ first entry in New Mexico. Headquartered in Las Cruces, New Mexico,...
Relation Acquires Georgia-based Allen, a Trucking Insurance Specialist
Jan 19 2022 // California-based Relation Insurance Services has reached across the country to acquire trucking industry specialist Allen Insurance Group, headquartered in Georgia. Based in Fort Valley, Georgia, Allen offers commercial...
Number of Insurance Agency M&As Rose 30% in 2021: OPTIS Partners
Jan 19 2022 // There were 1,034 announced insurance agency mergers and acquisitions in 2021, up 30% from 795 reported in 2020, according to agency consultancy OPTIS Partners. Also, the 384 deals during the fourth quarter of 2021 marked a...
Asian Insurer FWD Group Raises $200M in Pre-IPO Funding: Sources
Jan 19 2022 // Asian insurer FWD Group has raised $200 million in new funding ahead of its planned Hong Kong initial public offering (IPO), according to two sources with direct knowledge of the matter. The sources could not be named as...
High Street Acquires Michigan-Based Hershey
Jan 18 2022 // High Street Insurance Partners announced its December acquisition of Hershey Insurance Agency, a full-service insurance firm based in Troy, Michigan. Founded in 1979, Hershey offers personal insurance, business insurance...
Marsh McLennan’s Mercer Sells Association Business to Affinity Agency
Jan 18 2022 // Association Member Benefits Advisors (AMBA), a national affinity-based membership and marketing insurance agency, has agreed to acquire the associations business of Mercer, a business of Marsh McLennan. Mercer’s...
Insurance King Acquires Two Insurance Agencies in IL: Vic Bernardi Insurance and The Insurance Center
Jan 14 2022 // CHICAGO HEIGHTS and DECATUR, Ill., Jan. 14, 2022 – Insurance King has announced the rebranding of the two insurance agencies they have purchased in Illinois. Vic Bernardi Insurance Agency located in Chicago Heights,...
Specialist Risk Group (SRG) to Acquire Bridge Insurance Brokers’ Special Risks Team
Jan 13 2022 // Specialist Risk Group (SRG), the London-headquartered broker, has entered into an agreement to acquire Bridge Insurance Brokers’ Special Risks team. The London-based team, led by Jonathan Starkey and David Walker,...
King Insurance Buys Up Two More Florida Agencies: DMI and Insurance Den
Jan 12 2022 // King Insurance announced it has added two more Florida insurance agencies to its rapidly growing stable of firms in the Southeast. Don Martin Insurance, known as DMI agency, has offices in Orlando, Fanning Springs and...
Charles Taylor Firm Buys Contego Investigative Services
Jan 12 2022 // Charles Taylor, a claims management and tech company, has acquired Orlando-based Contego Investigative Services, the companies announced in a news release. Contego provides counter-fraud and special investigation services,...
One80 Acquires Workers’ Compensation Wholesaler PMC in Massachusetts
Jan 12 2022 // Specialty insurance broker One80 Intermediaries reported it has acquired PMC Insurance Group, a workers’ compensation wholesale broker and program manager based in Bedford, Mass. Terms of the deal were not...
One80 Buys Wholesale Comp Broker PMC Insurance
Jan 12 2022 // One80 Intermediaries, a specialty insurance wholesale broker based in Boston, has acquired PMC Insurance Group, a workers’ compensation wholesale broker and program manager. With offices in Bedford, Massachusetts,...
Xenia Broking Buys Trade Credit & Surety Business From Tysers
Jan 12 2022 // The credit insurance and surety specialist, Xenia Broking Group Ltd., announced it has acquired the UK whole turnover trade credit and surety business of Tysers Insurance Brokers Ltd. The transaction completed onJan. 11,...
Inszone Acquires Illinois’ Lamb, Little & Co.
Jan 12 2022 // Inszone Insurance Services, a national provider of benefits, personal and commercial lines insurance, has acquired Illinois-based Lamb, Little & Co. This acquisition will broaden Inszone’s U.S. presence to...
Israeli Cyber-Security Startup Pentera Raises $150M in Funding, Weighs IPO
Jan 11 2022 // Israeli cyber-security firm Pentera has raised $150 million in its latest funding round, taking the company’s value to $1 billion, the company told Reuters, adding it was eyeing an initial public offering in the...
HUD Suspends Funding for Hurricane Harvey Assistance
Jan 10 2022 // The U.S Department of Housing and Urban Development has halted the distribution of $1.95 billion that was approved for flood mitigation projects in Texas following Hurricane Harvey. A news release from HUD said the Texas...
Movo Partnership Acquires 3 Commercial UK Brokers
Jan 10 2022 // Movo Investment Group Ltd., the parent company of the Movo Partnership network (Movo), announced it has completed the acquisition of three commercial brokers in the UK. Chiltern Insurance Group, based in Reading; FLS...
Arthur J. Gallagher Acquires Arkansas’ The Robbi Davis Agency
Jan 7 2022 // Arthur J. Gallagher & Co. has announced the acquisition of Little Rock, Arkansas-based The Robbi Davis Agency, Inc.. Terms of the transaction were not disclosed. Founded in 1996, RDA is a full-service insurance agency...
Global M&A to Remain Strong in 2022 as Valuations Reach Record Highs: WTW
Jan 7 2022 // Global mergers and acquisitions activity attained historic highs in 2021 with 1047 deals valued more than $100 million, a significant increase from the previous year’s 674 deals, according to research completed by...
