Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Renaissance Acquires Business of United Agents of Arizona
Nov 4 2024 // Renaissance acquired the agency network business of United Agents of Arizona. The transaction follows the network’s 2023 acquisition of Agency Partners Inc., which brought 54 new agencies in Alabama and Georgia into...
Vertafore Acquires Surefyre to Expand Offerings for MGA Growth
Nov 4 2024 // Insurance software-as-a-service provider Vertafore said it has acquired Surefyre, a submission and underwriting platform for managing general agencies and wholesalers. The deal’s financial terms were not disclosed....
Ardonagh Advisory Agrees to Acquire Rowett Insurance Broking in UK
Nov 1 2024 // Ardonagh Advisory announced it has agreed to acquire Rowett Insurance Broking Ltd. in the UK. Rowett specializes in commercial, and personal insurance from its offices in St. Austell and Plymouth, England. Its subsidiary...
Ryan Specialty in Discussions to Acquire UK’s Innovisk Capital Partners
Nov 1 2024 // Ryan Specialty, the Chicago-based specialty insurance services firm, announced it is in final discussions to acquire Innovisk Capital Partners from Abry Partners and BHMS Investments LP. As a result of the acquisition,...
Delos in California Secures Another $9M Funding
Nov 1 2024 // Property insurance managing general agent Delos Insurance Solutions said it has raised $9 million through a Series A funding round led by HSBC Asset Management and includes IA Capital Group, Blue Bear Capital and...
Clear Group Acquires UK Broker A-One Insurance Group
Oct 31 2024 // The Clear Group, the London-based independent insurance broker, announced the acquisition of A-One Insurance Group (A-One), a major commercial insurance broker in the south of England. Financial details of the transaction...
OPTIS: Insurance Agency M&A Down 10% This Year
Oct 31 2024 // The total of insurance agency mergers and acquisitions as of the end of September was down 10% from the same period in 2023, according to investment banking and financial consulting firm OPTIS Partners. OPTIS...
InterWest Acquires McDermott-Costa Insurance Brokers in California
Oct 31 2024 // InterWest Insurance Services acquired McDermott-Costa Insurance Brokers in San Leandro, California. John Johnson and Mike McDermott will remain in leadership roles. InterWest is headquartered in Sacramento. McDermott-Costa...
FTC Antitrust Merger Rules Issued After Rare, Bipartisan Compromise
Oct 30 2024 // A new US antitrust rule requiring companies to give the government more information on their mergers and acquisitions came with a surprise twist: The Federal Trade Commission passed it with a rare 5-0 vote. The...
King Risk Partners Acquires Connecticut’s Suzio Insurance
Oct 30 2024 // Florida-based insurance broker King Risk Partners reports it has acquired Suzio Insurance Center, Inc., an independent insurance agency based in Meriden, Connecticut. Suzio Insurance Center was started in 1974 by the late...
Specialist Risk Group Acquires Bloodstock and Livestock Specialist Broker Stonehatch
Oct 30 2024 // Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Stonehatch, a leading specialist bloodstock and livestock insurance broker. Financial details of the transaction were not...
Arthur J. Gallagher Acquires Adept Benefits in Washington
Oct 30 2024 // Arthur J. Gallagher & Co. acquired Snoqualmie, Washington-based Adept Benefits LLC. Adept Benefits is a health and benefits consulting firm serving clients in the greater Seattle area. Megan Narrance and her team will...
Clear Group Acquires Lilley Plummer Risks, Entering Wholesale Lloyd’s Broker Space
Oct 29 2024 // Clear Group, the UK independent insurance broker that is owned by Private Equity at Goldman Sachs Alternatives, has entered the wholesale Lloyd’s broker space with the acquisition of Lilley Plummer Risks Ltd., a...
North Carolina Governor Approves $600 Million in Helene Recovery Funding
Oct 29 2024 // North Carolina Gov. Roy Cooper approved more than $600 million worth of disaster relief funding last Friday for western North Carolina counties affected by Hurricane Helene after legislators passed the recovery bill the...
Arthur J. Gallagher & Co. Acquires Australia’s Via Financial Group
Oct 28 2024 // Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-headquartered broker, announced the acquisition of Australia’s Via Financial Group Pty Ltd. Terms of the transaction were not disclosed. Based in Sydney,...
Clear Group Acquires UK Broker Vision Insurance Services Ltd.
Oct 25 2024 // The Clear Group, the London-based independent insurance broker, announced it has acquired Vision Insurance Services Ltd., based in Bagshot, Surrey, UK. Financial details of the transaction were not disclosed. This latest...
Arthur J. Gallagher & Co. Acquires UK Investment Consulting Firm Redington Ltd
Oct 25 2024 // Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced the acquisition of London-based Redington Ltd. Terms of the transaction were not disclosed. Redington is an investment consulting firm...
Cash-Flush Florida Tries to Buy Back Its Bonds for First Time
Oct 23 2024 // Florida bond investors are about to have an unusual decision to make — whether to sell their debt back to the state that issued the securities in the first place. The state is offering its first ever buyback, or...
ALKEME Acquires Pinnacle Insurance Consultants in Arizona
Oct 23 2024 // ALKEME acquired Pinnacle Insurance Consultants in Scottsdale, Arizona. Pinnacle Insurance Consultants specializes in errors & omissions insurance for real estate firms. ALKEME is an insurance agency providing...
Court Orders Start to Expose ‘Startling’ Data on Litigation Funding Sources
Oct 21 2024 // There is no federal law that requires the disclosure of litigation funding agreements in court cases, but some disturbing insight has been found in individual jurisdictions that have rules to increase transparency,...
