Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
One80 Intermediaries Acquires Hill Program Managers in Colorado
Nov 2 2021 // One80 Intermediaries acquired Hill Program Managers LLC, a Denver, Colo.-based program manager for commercial lines insurance. Terms of the deal were not disclosed. Hill Program specializes in oil and gas service...
Investor Research Firm ISS to Acquire Discovery Data
Nov 2 2021 // Corporate governance and investor data firm Institutional Shareholder Services Inc. said it has agreed to acquire Discovery Data, Inc., which provides data and analytics to the asset management, insurance and other...
Ardonagh Group Closes on Acquisition of BGC Partners Insurance Units
Nov 1 2021 // UK insurance broker Ardonagh Group has completed its acquisition of the insurance operations of BGC Partners Inc. for $500 million in cash. The deal was first announced in May. Ardonagh has acquired 100% of Ed Broking...
Risk Strategies Acquires Illinois-Based Better Business Planning
Nov 1 2021 // Risk Strategies, a national specialty insurance brokerage and risk management firm, has acquired Better Business Planning, Inc., an insurance agency specializing in employee benefits solutions. Terms of the deal were not...
Alera Group Acquires Bagwell, One of Oldest North Carolina Agencies
Nov 1 2021 // Alera Group, a national insurance and wealth management firm, announced it has acquired 102-year-old Bagwell & Bagwell Insurance in North Carolina. Bagwell, founded in 1919, is a property and casualty agency that...
Aquiline Capital Partners to Acquire Majority Stake in UK Insurtech Ripe Thinking
Nov 1 2021 // Ripe Thinking Ltd., a UK-based digital underwriting and insurance distribution platform, is pleased to announce that it has entered into a definitive agreement for Aquiline Capital Partners LLC to acquire a majority stake...
Generali Acquires Italy Insurer Cattolica to Boost Domestic Market Leadership
Nov 1 2021 // Italy’s top insurer Generali sealed its 1.17 billion euro ($1.36 billion) takeover of smaller rival Cattolica on Friday in a move aimed at cementing its domestic market leadership. On the last day of Generali’s...
Alera Group Acquired Blue Communications in California
Oct 29 2021 // Alera Group acquired Blue Communications in Hollywood, Calif. Blue Communications is a human resources consulting and communications agency specializing in internal communications, well-being program development,...
Amazon-Backed Indian Online Insurer Acko Valued at $1.1B in New Funding Round
Oct 29 2021 // General Atlantic and local private equity firm Multiples Private Equity led a $225 million funding in Acko General Insurance, valuing the Indian online insurer at $1.1 billion. Existing investors including Canada Pension...
La Banque Postale Plans to Buy French Insurer CNP
Oct 28 2021 // PARIS — The banking arm of French mail operator La Poste is planning to buy banking group BPCE’s stake in French insurer CNP, the companies said on Thursday, and then plans to make an offer to buy the rest of the...
Arthur J. Gallagher Acquires Illinois’ The VanDyke Group
Oct 27 2021 // Arthur J. Gallagher & Co. has acquired Homer Glen, Illinois-based The VanDyke Group, Inc. Terms of the transaction were not disclosed. Founded in 1984, The VanDyke Group offers employee benefits consulting and HR...
Peak6 to Acquire Rapidly Expanding We Insure
Oct 27 2021 // Peak6 InsurTech has signed an agreement to acquire Jacksonville-based We Insure Inc., an independent insurance franchise company that has been rapidly expanding in recent years. “Upon closing, our franchise owners...
Risk Strategies Acquires New Jersey’s Corrigan Johnston Risk Advisors
Oct 27 2021 // Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired Corrigan Johnston Risk Advisors, an all-lines brokerage focused on transportation-related industries. Terms of the deal were not...
UK-Based Broker KGJ Insurance Is Latest Acquisition for NFP
Oct 27 2021 // NFP, a New York City-based insurance broker and consultant, has acquired UK-based KGJ Insurance Services Group Ltd. KGJ is a commercial insurance broker with specialization in combined risks for complex and non-standard...
Aston Lark Acquires Birmingham Broker Bainbridge Collins
Oct 27 2021 // London-based Aston Lark reported it has acquired Bainbridge Collins Ltd., a Midlands independent insurance brokerage focused on the mid corporate sector. Led by Cyril Gallagher, Bainbridge Collins was established more than...
Global $10.5B Insurtech Funding Train Leaving Many Startups Behind, WTW Advises
Oct 27 2021 // While global investment in insurtechs continues to rise, not all insurtechs are benefitting. Rather, much of the funding is focused on a relatively few startups. For example, in the second quarter, more than two-thirds of...
UK Financial Regulator Raises No Objection to Bain’s Acquisition of Insurer LV=
Oct 26 2021 // Britain’s financial watchdog said on Tuesday it won’t stop insurer LV= from proceeding with the disputed sale of its pensions and life insurance business to U.S. private equity company Bain Capital. LV=,...
IMA Acquires Parker, Smith & Feek in Washington
Oct 26 2021 // IMA Financial Group is acquiring Washington-based Parker, Smith & Feek to expand its brokerage services in the Pacific Northwest, Alaska and Hawaii. The deal is effective Nov. 1. Terms were not disclosed. IMA’s...
Ensurise Acquires Virginia’s Gerczak Insurance Agency
Oct 25 2021 // Effective October 15, 2021, independent insurance agency Ensurise LLC announced its acquisition of the property/casualty insurance brokerage business of Gerczak Insurance Agency Inc. Founded in 2007 by Gary R. Gerczak,...
DNA Testing Firm 23andMe to Expand Into Telehealth With Lemonaid Acquisition
Oct 25 2021 // Direct-to-consumer DNA testing firm 23andMe Holding Co. said on Friday it would buy privately held company Lemonaid Health Inc. for $400 million in a cash-and-stock deal, as it looks to expand into telemedicine. Lemonaid...
