Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Connecticut M&A Advisor Agrees to Pay $1.5M to Settle Data Breach Class Action
Apr 26 2024 // Merritt Healthcare Advisors, a Connecticut mergers and acquisitions (M&A) advisory firm for healthcare practices, has agreed to a $1.525 million settlement of a class action stemming from a 2022 data breach. The money...
Aon Completes $13B Acquisition of Middle-Market Broker NFP
Apr 26 2024 // Aon plc said late Thursday that it has completed its $13 billion acquisition of middle-market P/C broker NFP. The purchase price will be funded by $7 billion in cash and $6 billion of Aon stock. Closing was earlier than...
ALKEME Acquires Illinois’ Ralph Weiner & Associates
Apr 25 2024 // ALKEME announced the acquisition of Ralph Weiner & Associates, a retail insurance agency based in Wheeling, Illinois. Established in 1951, Ralph Weiner & Associates has earned acclaim for its specialized focus on...
Marsh McLennan Agency to Buy Fisher Brown Bottrell for About $316M
Apr 24 2024 // Marsh McLennan Agency, a subsidiary of Marsh, said it has a definitive agreement to acquire one of the largest agencies in the Southeast—Fisher Brown Bottrell Insurance, Inc. Marsh McLennan Agency will pay $315.9 million...
Catastrophe Monitoring Firm ICEYE Completes $93 Million Funding Round
Apr 24 2024 // ICEYE, the microsatellite manufacturer and catastrophe monitoring company, announced definitive agreement signed for an oversubscribed $93 million growth funding round. The financing will further accelerate investment in...
UK’s Jensten Acquires Lift and Escalator Specialist Broker Robert Gerrard & Co.
Apr 24 2024 // Jensten is set to further scale its scheme and affinities business with the acquisition of UK broker Robert Gerrard & Co. The deal, which is subject to regulatory approval, will introduce a dedicated team of 19...
Omaha National Acquires Sutter Insurance in California
Apr 24 2024 // Omaha National Group Inc. acquired Sutter Insurance Co., a California domiciled carrier. Sutter Insurance has been renamed Omaha National Casualty Co. Omaha National also owns Omaha National Insurance Co., which is...
OPTIS: Insurance Agency M&A Down 18% in Q1 2024
Apr 23 2024 // The first quarter of 2024 was the slowest for insurance agency mergers and acquisitions since the middle of the pandemic, according to investment banking and financial firm OPTIS Partners. OPTIS Partners’ M&A...
Arthur J. Gallagher & Co. Acquires Australia’s Prasidium Credit Insurance
Apr 23 2024 // Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced the acquisition of Australia’s Prasidium Credit Insurance. Terms of the transaction were not disclosed. North Sydney-based...
Chubb to Acquire MGA Healthy Paws From Aon
Apr 23 2024 // Chubb said it is acquiring managing general agent Healthy Paws from Aon plc. Whitehouse Station, New Jersey-based Chubb has been the exclusive underwriter of Healthy Paws’ pet insurance program for Aon since 2013....
Alliant Insurance Services Acquires Advanced Benefits in Idaho
Apr 23 2024 // Alliant Insurance Services, headquartered in Irvine, California, acquired Advanced Benefits, based in Coeur d’Alene, Idaho. Founded in 1993, Advanced Benefits offers employee benefit programs, and HR and compliance...
Arbol Unit Buys Centauri Insurance, Forms Lilypad to Broaden Climate Risk Coverage
Apr 22 2024 // A subsidiary of Arbol Inc., a firm that has specialized in climate risks for businesses, including parametric insurance products, has acquired Sarasota, Florida-based Centauri Insurance from Applied Underwriters. The...
Fleming Acquires James River’s Casualty Reinsurance Business, Ending Legal Dispute
Apr 19 2024 // James River Group Holdings Ltd. announced that Fleming Intermediate Holdings has completed the $277 million acquisition of James River’s casualty reinsurance business – ending a period of legal wrangling that had...
Inszone Acquires Texas’ Talerity
Apr 19 2024 // Inszone Insurance Services announced the strategic acquisition of Talerity, LLC, a specialized insurance agency focusing on professional liability for medical providers. Founded in 2008 by Cary Smith, Talerity has carved a...
CFC Acquires Solution Underwriting in Australia
Apr 18 2024 // CFC, the London-based specialist insurer, announced it has agreed to acquire Australian managing general agent, Solution Underwriting. Financial details of the deal, which is expected to complete on April 30, 2024, were...
Arthur J. Gallagher & Co. Acquires Louisiana’s Fontenelle & Goodreau
Apr 18 2024 // Arthur J. Gallagher & Co. announced the acquisition of Metairie, Louisiana-based Fontenelle & Goodreau Insurance, LLC. Terms of the transaction were not disclosed. Fontenelle & Goodreau Insurance offers...
Howden’s DUAL Acquires Swiss Re’s Marine Team to Support Growth Ambitions
Apr 17 2024 // DUAL, the specialist underwriting arm of Howden Group Holdings, announced it has significantly strengthened its marine capability in Europe with the acquisition of Swiss Re’s Genoa, Italy-based Marine team with the...
Higginbotham Acquires Louisiana’s Eagan Insurance
Apr 16 2024 // Higginbotham has acquired Eagan Insurance of Metairie, Louisiana, in a move that extends Higginbotham’s presence to South Louisiana and the Mississippi Gulf Coast. “At Higginbotham, we just celebrated our 75th...
King Acquires Dave Alton Agency in North Carolina
Apr 16 2024 // King Insurance Partners, considered one of the fastest-growing U.S. brokerages, has added another producer to its lineup: The Dave Alton Agency, with offices in Greenville, Plymouth and Washington, North Carolina. The...
Howden Ireland Acquires Curran Connolly & Co. (Drogheda) Ltd.
Apr 15 2024 // Howden, the London-based insurance intermediary group, announced it has acquired Curran Connolly & Co. (Drogheda) Ltd., the commercial and personal lines insurance broker based in County Louth, Ireland. Financial...
