2021 mergers & acquisitions News

High Street Insurance Partners Expands in Northeast with Three Acquisitions

Huron Capital Partners LLC, a lower middle-market private equity platform, has announced that its full-service insurance brokerage platform, High Street Insurance Partners (HSIP), has acquired Hartzell Insurance Associates, NYAB Insurance and Perry & Carroll Insurance. HSIP, formed in August 2018 …

World Insurance Acquires LB Insurance, John Roberts Agency

World Insurance Associates LLC (WIA) has acquired Lawrence & Brownlee Agency (LB Insurance) of and John Roberts Insurance Agency (JRIA), both of Anderson, South Carolina, on April 1, 2021. Terms of the transaction were not disclosed. LB Insurance was established …

The Hilb Group Acquires Connecticut’s Andrews Benefits

The Hilb Group LLC (THG) has acquired Connecticut-based Andrews Benefits LLC (AB). The transaction became effective on February 15, 2021. AB is an employee benefits agency providing strategies and long-term solutions for clients in a variety of industries. As part …

Gallagher Bassett Services Acquires Terrier Claims Services, MT Investigations

Arthur J. Gallagher & Co.’s risk management services subsidiary, Gallagher Bassett Services Inc. (GB), has acquired Pleasantville, New York-based Terrier Claims Services Inc. (TCS) and its affiliate, MT Investigations LLC. Terms of the transaction were not disclosed. Founded in 1996, …

Element Risk Management Acquires Henderson Insurance, Our Legacy Insurance

Element Risk Management has acquired Henderson Insurance of Harrisburg, Pennsylvania, and Our Legacy Insurance of Front Royal, Virginia. Henderson Insurance, founded by Jim Henderson in 1978, has served the central Pennsylvania community for more than 40 years. The Henderson staff …

Stateline Insurance & Financial Services Joins Thompson Insurance Group

Stateline Insurance & Financial Services of East Providence, Rhode Island has joined Thompson Insurance Group. By merging with Thompson, Stateline customers will receive access to a greater insurance company portfolio and services with improved technology, according to a Thompson Insurance …

The Hilb Group Acquires Rhode Island’s Compass Planners

The Hilb Group LLC (THG) has acquired Rhode Island-based Compass Planners (CP). The transaction became effective on February 1, 2021. CP is based in West Greenwich, Rhode Island and is a specialized Medicare Advantage business led by Jim Soucy. Soucy …

Hub International Acquires Assets of Pennsylvania’s Davis Trachtenberg Inc.

Global insurance brokerage Hub International Limited has acquired the assets of Davis Trachtenberg Inc. (DTI). Terms of the transaction were not disclosed. Located in Newtown Square, Pennsylvania, DTI is a full-service insurance agency providing clients with commercial and personal insurance. …

Hub International Limited Acquires Assets of Pennsylvania’s Incentive Systems

Hub International Limited (Hub), a full-service global insurance broker, has acquired the assets of Incentive Systems Inc. (ISI). Terms of the transaction were not disclosed. Located in Lansdale, Pennsylvania, ISI provides employee benefit solutions, helping clients maximize the value of …

World Insurance Associates Acquires C. Walter Searle Insurance Agency

World Insurance Associates LLC (WIA) has acquired C. Walter Searle Insurance Agency LLC of Nutley, New Jersey, on February 1, 2021. Terms of the transaction were not disclosed. Since its founding in 1926, C. Walter Searle has been serving the …