Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Risk Strategies Acquires Texas’ orchestrateHR Inc.
Sep 21 2023 // Risk Strategies, announced that it has acquired human resources and employee benefits specialist orchestrateHR Inc. and its affiliate, Ebenconcepts Company . and its affiliate, (doing business as eBen Benefits). Also...
Openly Secures $100 Million in Series D Funding
Sep 21 2023 // Insurtech homeowners insurer Openly said has raised $100 million in Series D funding, led by Eden Global Partners. There was additional participation in the round from a mix of current and new investors including Gradient...
Gallagher Buys Massachusetts-based Eastern Insurance
Sep 21 2023 // Arthur J. Gallagher & Co., the global insurance brokerage, has agreed to acquire Massachusetts-based Eastern Insurance Group, a subsidiary of Eastern Bank, Gallagher announced. The move is subject to regulatory...
Independence Pet Group to Acquire Cat Insurance Brand Felix in Arizona
Sep 19 2023 // Independence Pet Group completed of its acquisition of Felix Cat Insurance, a pet insurance brand for cats. The deal is subject to customary closing conditions, including various regulatory approvals, and is expected to...
Origami Risk Acquires Illinois’ Dais Technology
Sep 18 2023 // Origami Risk announced it has acquired Chicago, Illinois-based Dais Technology, a provider of no-code insurance technology. The acquisition increases Dais’ market reach and client support capabilities and expands...
Kapnick Insurance Acquires Michigan Group Benefits
Sep 15 2023 // Kapnick Insurance, an insurance provider with over 75 years of experience, announced the acquisition of Michigan Group Benefits. This transaction represents a significant milestone in Kapnick Insurance’s growth...
Ardonagh Sells £1.2 Billion Insurance Unit to UK Insurer Markerstudy
Sep 15 2023 // The Ardonagh Group is selling its personal insurance business in a deal that will give Chief Executive Officer David Ross an £800 million ($1 billion) war chest for further acquisitions in specialist insurance...
One80 Acquires Texas’ Enviant
Sep 14 2023 // One80 Intermediaries, a specialty insurance broker headquartered in Boston, announced that it has acquired the assets of Enviant from Euclid Program Managers. Marsh, Berry & Company was the exclusive financial advisor...
Arthur J. Gallagher & Co. Buys Bermuda-Based Frontier Financial Services Ltd.
Sep 13 2023 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based brokerage, risk management and consulting services firm, announced that its captive and alternative risk transfer solutions subsidiary, Artex, has acquired...
UK Insurer Aviva to Sell Singlife Joint Venture Stake for $1 Billion
Sep 13 2023 // Aviva is quitting its Singlife joint venture, selling its 25.9% stake in Singapore Life Holdings and two debt instruments to Sumitomo Life for a combined 800 million pounds ($997 million), the British insurer said on...
Burns & Wilcox Acquires Alabama-based Environmental Underwriting Solutions
Sep 13 2023 // Burns & Wilcox, the wholesale insurance brokerage, has agreed to acquire Alabama-based Environmental Underwriting Solutions, a wholesale broker specializing in complex environmental exposures, from Insurance Office of...
Judge in $6 Billion 3M Settlement Issues Order to Stop Litigation Funding
Sep 12 2023 // A federal judge has barred attorneys and claimants involved in 3M’s $6 billion settlement with U.S. military servicemembers from any third-party litigation funding agreements. District Judge M. Casey Rodgers in the...
Legacy Acquisition Specialist RiverStone Int’l Acquires Catalina Insurance Ireland
Sep 11 2023 // RiverStone International, the London-based provider of legacy solutions in the Lloyd’s market, has signed an agreement with members of the Catalina Group to acquire Catalina Insurance Ireland, an Irish insurance...
Litigation Funding Firms Seek to Intervene in Disciplinary Proceedings Against McClenny Moseley & Associates
Sep 8 2023 // Two litigation funding firms are seeking to intervene in disciplinary proceedings against McClenny Moseley & Associates after a federal judge in Louisiana ruled that the law firm has no right to any attorney fees for...
Higginbotham Acquires Ohio’s Community Insurance Group
Sep 7 2023 // Higginbotham has acquired Community Insurance Group, its first acquisition in Ohio. With this transaction, Higginbotham now has a presence in 16 states across the country. For over a quarter century, Community Insurance...
CelsiusPro Buys UK’s Global Parametrics to Strengthen Climate, Nat Cat Risk Solutions
Sep 7 2023 // CelsiusPro AG, the Zurich-based parametric insurance managing general agent, announced the acquisition of Global Parametrics Holding Co. Ltd. CelsiusPro said the deal will strengthen its global capabilities to offer...
Novatae Acquires Arkansas’ American Management Corporation
Sep 6 2023 // Novatae Risk Group announced that it acquired the assets of American Management Corporation, (“AMC”) of Conway, Arkansas on September 1, 2023. Terms of the transaction were not disclosed. AMC was founded over...
Howden New Zealand Acquires Apex Insurance
Sep 6 2023 // Howden, the London-based insurance group, announced it has completed the acquisition of Apex Insurance New Zealand and its associated subsidiaries (Apex), effective Thursday, Aug. 31, 2023. Financial details of the deal...
McGriff Acquires Wisconsin’s Alternate Risk Resources
Sep 5 2023 // McGriff announced that it has acquired Alternative Risk Resources (ARR), a Wisconsin-based commercial brokerage firm that specializes in captive insurance. The transaction expands McGriff’s presence in the captive...
Pennsylvania’s McConkey Insurance Acquires Gallen Agency of Berks County
Sep 5 2023 // McConkey Insurance & Benefits, a locally owned independent insurance agency based in York, Pennsylvania, announced its recent acquisition of Gallen Insurance Agency, located in Berks County. According to Michael...
