BRP Group, Inc. announced that Millennial Specialty Insurance, LLC, an indirect subsidiary of BRP Group, has acquired substantially all of the assets of Arcana Insurance Services, LP , a Dallas, Texas-based national insurance agency and program administrator, focused on better serving the real estate investor and property management markets.
Arcana will bring to BRP Group product capabilities in the single-family real estate market, which has powered strong organic growth over Arcana’s history. Arcana generates annual revenues of approximately $3.6 million
MarshBerry acted as exclusive financial advisor to Arcana in the transaction.
Topics Mergers & Acquisitions Texas
Was this article valuable?
Here are more articles you may enjoy.
Forever Chemicals Quietly Contaminate Drinking Water Wells 
Zurich Insurance’s Beazley Bid Sets the Stage for More Insurance Deals 
Maine Plane Crash Victims Worked for Luxury Travel Startup Led by Texas Lawyer 
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call 
