Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Specialty Program Group Acquires Assets of New York’s The Mechanic Group
Aug 15 2019 // Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired the assets of The Mechanic Group Inc. (TMG), a Pearl River, N.Y.-based specialty insurance program...
Pasich Expands New York Footprint with Hiring of Halprin as a Partner
Aug 15 2019 // Boutique insurance recovery and entertainment firm Pasich LLP has expanded its national platform and New York footprint with the addition of Peter A. Halprin as a partner. Before joining Pasich LLP, Halprin was a...
Alliant Acquires InvisionBenefit in Illinois
Aug 15 2019 // Alliant Insurance Services has acquired Northern Illinois-based InvisionBenefit. As part of the company’s Employee Benefits Group, InvisionBenefit will expand Alliant’s Midwest benefits presence while bringing...
Alera Group Acquires Benefit Commerce Group in Arizona
Aug 15 2019 // Alera Group has acquired Benefit Commerce Group in Scottsdale, Ariz. All Benefit Commerce Group employees will continue operating out of the firm’s existing locations under the name Benefit Commerce Group, an Alera...
Insurance Technologies Corp. Acquires Ohio’s Smart Harbor
Aug 14 2019 // Insurance Technologies Corporation (ITC), a provider of websites, marketing, comparative rating and management software and services, has acquired Columbus, Ohio-based Smart Harbor, which provides digital technology...
Liberty Global Names Singh to Head M&A Transactions Insurance Tax Team in London
Aug 14 2019 // Liberty Global Transaction Solutions (GTS) has named Jugdeep Singh as head of Tax, based in London. Singh will manage the Liberty GTS international tax liability insurance team for tax risks related to merger and...
Execs: Wholesalers at Center of Topa Plans After Acquisition of California Insurer
Aug 9 2019 // Two key executives involved in the acquisition of Topa Insurance Group by Altamont Capital Partners who spoke about the deal were emphatic about one thing: wholesalers will continue to be the center of the company’s...
Alera Group Acquires Comprehensive Benefit Administrators of Massachusetts
Aug 9 2019 // Alera Group, a national insurance firm, has acquired Comprehensive Benefit Administrators (CBA), effective Aug. 1, 2019. Terms of the transaction were not disclosed. CBA, located in Norwell, Mass., specializes in brokerage...
ISO, Intterra, Western Fire Chiefs Partner to Better Understand Wildfire Risk
Aug 8 2019 // ISO and Intterra are partnering with the Western Fire Chiefs Association to explore new ways of analyzing and understanding wildfire risk. Intterra has worked with the WFCA for several years to develop the Fire Data Lab, a...
EPIC Acquires Trumark Insurance & Financial Services in California
Aug 8 2019 // EPIC Insurance Brokers and Consultants has acquired Trumark Insurance & Financial Services in a Pleasanton, Calif. The deal closed August 1, and terms were not disclosed. Trumark is a brokerage/general agency...
Hub Acquires Books of Business, Hires 4 Nationwide Agents in Pennsylvania
Aug 8 2019 // Hub International Limited (Hub), a global insurance brokerage, has acquired property and casualty books of business from, and hired, insurance agents Matthew Lennon, Craig Love, Frank and Michael Namath. Each of the agents...
Altamont Capital Partners Agrees to Acquire Topa Insurance Group
Aug 7 2019 // Altamont Capital Partners has signed a definitive agreement to acquire Calabasas, Calif.-based Topa Insurance Group from its long-time owner, Topa Equities Ltd. Terms of the deal weren’t disclosed. The transaction is...
AmWINS Group to Acquire LISI and CoPower in California
Aug 7 2019 // AmWINS Group Inc. has signed a definitive agreement to acquire LISI Inc. and CoPower, Inc. Terms of the deal were not disclosed. The transaction is expected to close later this month, pending regulatory approval and...
Alliant Insurance Acquires Oklahoma’s Fred Daniel & Sons
Aug 7 2019 // Alliant Insurance Services, headquartered in Newport Beach, California, has acquired Fred Daniel & Sons, based in Tulsa, Oklahoma. Fred Daniel & Sons brings nearly 100 years of experience and a legacy of excellence...
Hub International Acquires Assets of Missouri’s Truss LLC
Aug 7 2019 // Global insurance brokerage, Hub International Limited (Hub), has acquired the assets of Truss LLC (Truss), headquartered in Kansas City, Missouri. Terms of the transaction were not disclosed. Truss has more than 40 years...
Next Level Acquires North Texas Employee Benefits Provider, A&H Benefits
Aug 6 2019 // Next Level Insurance Agency, a Dallas-based healthcare consulting and employee benefits brokerage firm, has acquired A&H Benefits, also based in North Texas. A&H was formed in 1997 as a corporation to provide...
GI Partners Completes Acquisition of Connecticut’s Insurity
Aug 6 2019 // GI Partners, a middle-market alternative asset manager, has completed the previously announced acquisition of Insurity Inc., a software platform for the property and casualty insurance industry. Headquartered in Hartford,...
Legacy Acquirer DARAG Signs Portfolio Transfer Agreement with Germany’s SOVAG
Aug 6 2019 // DARAG Group Ltd., the Malta-based legacy acquisition firm, announced it has signed a portfolio transfer agreement with German re/insurer Schwarzmeer und Ostsee Versicherungs-Aktiengesellschaft (SOVAG). The legacy portfolio...
BRP Partners with Foundation Insurance of Florida
Aug 6 2019 // Baldwin Risk Partners (BRP), a Tampa, Florida based insurance distribution holding company, has partnered with Foundation Insurance of Florida, a Boca Raton, Fla.-based insurance agency. Foundation Insurance of Florida was...
U.S. Risk Acquires Houston’s U.S. E&O Brokers
Aug 5 2019 // Dallas-based property/casualty insurance wholesaler and managing general agent (MGA), U.S. Risk LLC, has acquired U.S. E&O Brokers (U.S. E&O), a wholesale broker and MGA. U.S. E&O is headquartered in Houston,...
