2020 M&A News

Searchlight Capital to Acquire Majority Stake in UK’s Global Risk Partners

Insurance intermediary Global Risk Partners announced a major investment into the firm from Searchlight Capital Partners, a global private investment firm. Founders Peter Cullum and David Margrett and founding investor Penta Capital will all retain minority stakes, alongside the broader …

FBinsure Acquires Massachusetts’ Nimiroski Insurance Agency

FBinsure has acquired the Nimiroski Insurance Agency, an independent agency located in Attleboro, Mass. Established in 1963, Nimiroski Insurance has been an active member of the Attleboro community for more than 50 years, providing personal and business insurance to more …

Massachusetts’ Morse Insurance Agency Acquires Connolly Insurance

Morse Insurance Agency Inc., a provider of personal and business insurance in Southeastern Massachusetts, has acquired Connolly Insurance. The transaction became effective January 1, 2020. Morse Insurance has been a family-run agency since 1950. Brothers Dan, Tim and Brian Morse …

The Hilb Group Acquires Massachusetts’ Group Brokerage Insurance Agency

The Hilb Group LLC (THG) has acquired Group Brokerage Insurance Agency LLC (GBIA). The transaction became effective January 1, 2020. Located in Waltham, Mass., GBIA is an employee benefits agency primarily providing group medical, dental, life, short and long-term disability …

Risk Strategies Acquires Maryland’s Weaver Brothers Insurance

Risk Strategies, a Boston, Mass.-based, privately held national insurance brokerage and risk management firm, has acquired Weaver Brothers Insurance Inc., a full-service brokerage based in Bethesda, Md. Terms of the deal were not announced. Founded in 1988 with roots dating …

CoreLogic Completes Acquisition of Massachusetts’ Location Inc.

CoreLogic, a global property information, analytics and data-enabled services provider, has completed the company’s acquisition of Location Inc., a Worcester, Mass.-based leader in geographic data sciences and predictive, location-based analytics for businesses across the U.S. and Canada. Location Inc.’s proprietary …

The Hilb Group Acquires Maryland’s Martens Johnson Insurance Agency

The Hilb Group LLC (THG) has acquired Maryland-based Martens Johnson Insurance Agency Inc. (MJIA). The transaction became effective January 1, 2020. MJIA is a full-service insurance agency focused on the unique needs of the commercial transportation industry in the Maryland …

The Hilb Group Acquires New York’s BR Vital Brokerage

The Hilb Group LLC (THG) has acquired New York-based BR Vital Brokerage Inc. (BRV). The transaction became effective January 1, 2020. Based in Brooklyn, N.Y., BRV is an independent brokerage primarily providing property and casualty insurance with a specialty in …

Xceedance Acquires Massachusetts’ Activer Solutions

Xceedance, a global provider of insurance consulting, managed services, technology, data sciences and blockchain solutions, has acquired Activer Solutions. Located in Marlborough, Mass., Activer Solutions specializes in insurance operations and technology services for the front, middle and back office operations …

Sedgwick Acquires Restoration Industry Billing Software Firm, G&E Enterprises

Insurance and benefits claims firm Sedgwick reports it has acquired Chattanooga, Tennessee-based G&E Enterprises. G&E Enterprises is a tome and material billing and data management system for insurance restoration contracting. Its primary product is software-as-a-service offering T&M Pro. Sedgwick said …