mergers and acquisitions 2023 News

King Insurance Partners Acquires Nashville’s Thetford Brokerage

King Insurance Partners, a brokerage headquartered in Gainesville, Florida, has continued its steady growth with the acquisition of Thetford Insurance Services in Tennessee and Kentucky. Thetford, a boutique firm based in Nashville, was founded in 1992 by John Thetford Sr. …

Higginbotham Teams up with Employee Benefits Firm in Atlanta

Higginbotham, one of the largest independent insurance brokerages and human resources firms, has acquired an interest in Total Employee Benefits, based in Atlanta. “We’re proud of our property and casualty practice in Atlanta,” Higginbotham CEO Rusty Reid said in a …

Integris Expands out of New England, Acquires MedMal Direct in Florida

Integris Group, a member-owned professional liability insurer based in Connecticut, has agreed to purchase MedMal Direct Insurance Co. and its agency, CorePRO, from Physicians Trust Inc., the firms announced this week. MedMal Direct is headquartered in Jacksonville, Florida, and operates …

King Insurance Picks up DMA Agency in North Carolina

Florida-based King Insurance Partners, said to be one of the fastest growing insurance brokerages in the country, has added North Carolina’s David L. May Jr. Agency to its court. Known as DMA, the agency has offices in Mount Airy and …

Gallagher Buys Louisville-based Altman Insurance Services

Arthur J. Gallagher, the global insurance brokerage and consulting firm, has acquired Kentucky-based Altman Insurance Services, an employee benefits brokerage and consultancy, Gallagher said in a news release Wednesday. Terms of the deal were not disclosed. Altman, with offices in …

Higginbotham Makes 2nd Florida Move with Stahl & Associates

Higginbotham has continued its expansion this year with another acquisition, this one of Stahl & Associates, one of the largest privately held commercial brokerages in Florida. Texas-based Higginbotham, which celebrated its 75th anniversary this year, has acquired a number of …

Oakbridge, Built on Southeast Acquisitions, Has Been Acquired by Private Equity Firm

Oakbridge Insurance Agency, known for its rapid growth and acquisition of agencies across the Southeast in recent years, has itself been purchased by a private equity firm. Audax Private Equity, which calls itself a capital partner for middle-market companies, said …

Oakbridge Acquires Georgia-based Cole Agency

Oakbridge Insurance Agency, one of the larger independent agencies in the country, has expanded again with the acquisition of the Cole Agency in Montezuma, Georgia. Cole has specialized in poultry insurance since 1989 but also offers coverage plans for others …

Tenco Services Acquires James C. Greene Firm in Carolinas

Nashville-based Tenco Services Inc., a multi-line claims adjusting firm in six Southeastern states, plans to acquire the James C. Greene adjusting company in Raleigh, North Carolina, Tenco announced. Greene has offices in North and South Carolina and also works in …