Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
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...
The Hilb Group Acquires Massachusetts’ Forrest Insurance Agency
Oct 22 2021 // The Hilb Group acquired Massachusetts-based Forrest Insurance Agency, increasing its property/casualty offerings and presence throughout New England. The transaction became effective October 1, 2021. Agency principals...
Howden Acquires Bermuda-Based Insurance Broker Foram
Oct 21 2021 // Howden, the London-based insurance broker, announced the acquisition of Foram Brokerage Ltd., an independent re/insurance broker based in Hamilton, Bermuda. Financial terms of the transaction were not disclosed. Howden to...
UK’s BMS Acquires South Korean Broker VIB, Led by Former Aon Executive
Oct 21 2021 // BMS, the UK independent specialist insurance and reinsurance broker, announced the acquisition of Seoul-based insurance broker, Value-add Insurance Broker (VIB). Financial terms of the transaction were not disclosed. As...
Oli Insurance Services Acquires Rose City Associates in Oregon
Oct 20 2021 // Oli Insurance Services Inc. has acquired Rose City Associates in Portland, Ore. Pete Lackner and Bob Asher created Rose City Associates in 2012 through a merger of their respective agencies, and will continue to lead their...
Broker Aston Lark Announces 40th Acquisition Since 2018 Launch
Oct 20 2021 // Aston Lark, the Goldman Sachs-backed broker, announced the acquisition of Absolute Products Ltd., its 40th deal since its formation in 2018 and its 24th in 2021 alone. Financial terms of the deal were not...
Investment Company JAB to Acquire Majority Stake in UK Pet Insurer, Cardif Pinnacle
Oct 20 2021 // Global investment company JAB Holding Co. is acquiring a majority stake in UK pet insurer, Cardif Pinnacle. Cardif Pinnacle’s current parent company, BNP Paribas Cardif, will retain a significant minority interest in...
Davies Acquires Insurance Risk Services, an Inspection Firm
Oct 19 2021 // Davies, a professional services and technology company serving the insurance market, announced it has agreed to purchase Insurance Risk Services, a Florida-based firm that provides inspections for underwriting. Insurance...
One80 Acquires Louisiana’s Equity Partners Insurance Services
Oct 19 2021 // Boston-based One80 Intermediaries (One80), a national wholesale broker, program manager, third-party administrator (TPA), warranty and lender-based insurance provider, and insurance aggregator, has acquired Equity Partners...
JAB to Acquire Chicago’s Figo Pet Insurance
Oct 19 2021 // Independence Pet Holdings (IHC), the U.S. pet insurance platform for JAB Holding Co., a German conglomerate based in Luxembourg, is acquiring Chicago-based pet insurance provider, Figo. As part of the acquisition...
Brown & Brown Acquires Wisconsin’s Remedy Analytics
Oct 19 2021 // Brown & Brown, Inc. has acquired all of the stock of Remedy Analytics. Founded in 2011 by current chief executive officer, Scott L. Martin, Remedy Analytics uses its proprietary PharmaLogic® data-based medication...
The Hilb Group Acquires Connecticut’s Gerardi Insurance Services
Oct 19 2021 // The Hilb Group acquired Connecticut-based Gerardi Insurance Services Inc., increasing its New England footprint. The transaction became effective October 1, 2021. Based in Putnam, Connecticut, Gerardi Insurance offers...
Insurance Agency M&As Up 13% Thus Far in 2021: Optis
Oct 19 2021 // There were 553 announced insurance agency mergers and acquisitions during the first three quarters of 2021, up from 490 in 2020, According to an OPTIS Partners’ M&A report, that was the highest recorded total for...
Arthur J. Gallagher & Co. Buys New Zealand’s Matt Jensen Insurance Brokers
Oct 19 2021 // Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Taupo, New Zealand-based Matt Jensen Insurance Brokers Ltd. Terms of the transaction were not disclosed. Founded in 2005,...
Gallagher Completes Acquisition of India’s Edelweiss Gallagher Insurance Brokers
Oct 18 2021 // Arthur J. Gallagher & Co., the Rolling Meadow, Ill.-based broker, announced it has completed its acquisition of Mumbai, India-based Edelweiss Gallagher Insurance Brokers Ltd. Financial details of the transaction, which...
Hub International Acquires Canadian Employee Benefits Broker Rogersworks Inc.
Oct 18 2021 // Hub International Ltd., the Chicago-based global insurance brokerage and financial services firm, announced it has acquired the assets of Rogersworks Inc. Financial details of the transaction were not disclosed. Located in...
The Hilb Group Completes Acquisition of D.F. Dwyer & Associates
Oct 14 2021 // The Hilb Group acquired a book of personal lines business from Rhode Island-based D.F. Dwyer & Associates LLC. The transaction became effective October 1, 2021, and completes the acquisition of D.F. Dwyer by the Hilb...
Howden to Acquire UK Broker Aston Lark From Goldman Sachs
Oct 13 2021 // Howden, the London-based insurance broking group, announced it has reached an agreement to acquire Aston Lark from Goldman Sachs Asset Management and Bowmark Capital. Aston Lark is one of the UK’s leading,...
Arthur J. Gallagher Acquires Ohio’s W.P. Dolle
Oct 12 2021 // Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, headquartered in Rolling Meadows, Illinois, acquired Cincinnati, OH-based W.P. Dolle, LLC. Terms of the transaction...
