2020 Mergers & Acquisitions News

The Hilb Group Acquires Connecticut’s Ganim Group

The Hilb Group LLC (THG) has acquired Connecticut-based Ganim Group Inc. (Ganim Benefits) from Ganim Financial Inc. The transaction became effective on September 1, 2020. The Ganim Benefits team, including Valerie Koch, will join THG of New England and continue …

Davies Acquires Massachusetts’ TriPlus Service in North American Expansion

Davies, a specialist professional services and technology business, has acquired TriPlus Service Inc, a long-term care insurance third party administrator (TPA) based in Massachusetts. TriPlus provides its long-term care carrier clients with claims and policy administration management solutions as well …

Arthur J. Gallagher & Co. Acquires The Merriam Agency

Arthur J. Gallagher & Co. has acquired Charles W. Merriam & Son Inc., d/b/a The Merriam Agency. Terms of the transaction were not disclosed. Founded in 1895, The Merriam Agency is a full-service insurance agency with offices in upstate New …

High Street Insurance Partners Adds Two Partner Agencies to Portfolio

Lower-middle-market private equity firm Huron Capital announced that its full-service insurance brokerage platform, High Street Insurance Partners, has acquired Tracy, Driscoll & Co. Inc. and Millennium Alliance Group LLC (MAG). Both agencies will support High Street’s strategic goals by expanding …

Risk Strategies Acquires Philadelphia-Based Securitas Insurance Partners

Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Securitas Insurance Partners LLC, a specialty brokerage focused on the retail insurance and risk management needs of venture capital and private equity backed portfolio companies. Terms …

Hub International Acquires Brokerage Assets of Charles Rhett Butler

Hub International Limited, a global insurance brokerage, has acquired the insurance brokerage assets of Charles R. (Rhett) Butler. Terms of the transaction were not disclosed. Rhett was part of Nationwide Mutual Insurance Company’s exclusive distribution model and is now joining …

Element Risk Management Acquires Two Pennsylvania Agencies

Element Risk Management has acquired two new insurance agencies in Pennsylvania. Barrick & Associates of Hanover, Penn., and Danner’s Insurance, with locations in East Berlin and Biglerville, Penn., are now part of Element Risk Management. Family owned for more than …

Hub International Acquires Rockville Insurance Agency, Jeffrey Preston Zepp

Hub International Limited (Hub), a global insurance brokerage, has acquired the insurance brokerage assets of Rockville Insurance Agency Inc. and Jeffrey Preston Zepp. Terms of the transactions were not disclosed. Rockville Insurance Principal David Kushner and Zepp were each previously …

One80 Intermediaries Acquires New Jersey’s Equinox Management Group

One80 Intermediaries, a national wholesale broker, program manager and insurance aggregator headquartered in Boston, Mass., has acquired the Equinox Management Group and its affiliates Meridian Management Group and Co-Ordinated Benefit Plans. Terms of the deal were not disclosed. Equinox Management …

World Insurance Associates Acquires New Jersey’s Advantage Benefit Concepts

World Insurance Associates LLC (WIA), has acquired Advantage Benefit Concepts Inc. of Blackwood, N.J., on April 1, 2020. Terms of the transaction were not disclosed. Advantage Benefit Concepts Inc. specializes in employee benefit services. They provide health and dental insurance …