2021 mergers & acquisitions News

Choice Financial Group Acquires New Hampshire’s Bernier Insurance Agency

Choice Financial Group announced acquired New Hampshire-based Bernier Insurance Agency, adding a presence in New England. Based in Rochester, New Hampshire, and led by President Troy Dillow, Bernier is a full-service insurance agency dedicated to offering a full suite of …

Butler & Messier Insurance Acquires Two Rhode Island Agencies

Butler & Messier Insurance recently acquired two Cranston, Rhode Island, insurance agencies to add to its expanding statewide footprint. Effective October 1, 2021, Butler & Messier successfully closed on the final purchase of the Alpine Insurance Agency. Additionally, on December …

The Hilb Group Acquires Charles Newman Co., Builds on New York Presence

The Hilb Group acquired Charles Newman Co. Insurance and Employee Benefits to its portfolio, adding to The Hilb Group’s growing presence in the New York metropolitan area. The transaction became effective December 1, 2021. Based in Peekskill, New York, Charles …

The Hilb Group Acquires Maryland’s PSA Insurance & Financial Services

The Hilb Group brought PSA Insurance & Financial Services into its portfolio, further strengthening its presence in the Mid-Atlantic region as well as building on its range of employee benefits, commercial and personal insurance products and services. The transaction became …

Credible Acquires Digital Insurance Marketplace Young Alfred

Credible, a digital lending marketplace, acquired Young Alfred, a digital insurance marketplace. Credible provides consumers with personalized and prequalified rate options when shopping for student loans, personal loans and mortgages. This acquisition will now give Credible users the same experience …

Confie Acquires Velox Insurance to Expand in Georgia Market

Confie, a U.S. independent personal lines distributor, will acquire Velox Insurance as an affiliate to its nonstandard national brand, Freeway Insurance. The acquisition includes all 40 locations in Georgia, tripling Confie’s presence in the state, as well as two Florida …

World Insurance Associates Acquires New Jersey’s E&K Insurance Group

World Insurance Associates LLC (WIA) acquired E&K Insurance Group of Eatontown, New Jersey, on December 1, 2021. Terms of the transaction were not disclosed. E&K was founded in 1930 by two entrepreneurs who established E & K Insurance Group in …

Ryan Specialty Group to Acquire Pennsylvania’s Keystone Risk Partners

Ryan Specialty Group, an international specialty insurance firm, has signed an agreement to acquire certain assets of Keystone Risk Partners LLC based in Media, Pennsylvania. Terms of the transaction were not disclosed. Keystone Risk Partners was founded in 2002, and …

Risk Strategies Acquires New Jersey’s Meeker Sharkey & Hurley

Risk Strategies, a national specialty insurance brokerage and risk management firm, acquired full-service insurance and employee benefits agency Meeker Sharkey & Hurley. Terms of the deal were not announced. Meeker Sharkey & Hurley provides consultative risk management and insurance services …

Alera Group Acquires New Jersey’s Customized Benefit Solutions

Alera Group, an independent, national insurance and wealth management firm, acquired Customized Benefit Solutions Inc. (CBSI), an employee benefits and insurance firm based in Hightstown, New Jersey. Terms of the transaction were not announced. CBSI provides group employee benefits, Medicare …