Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Data Firm TransUnion Buys Driving Records Provider Datalink
Aug 28 2017 // Data provider TransUnion sad it has completed the acquisition of Datalink Services Inc., also known as Compass Driving Records, a nationwide provider of vehicle and driving records and driver pre-screening services. Chris...
Verisk to Acquire Bankruptcy Data and Risk Management Firm LCI
Aug 24 2017 // Verisk Analytics Inc. has agreed to acquire LCI, a provider of bankruptcy risk prediction and management tools for banks and creditors. When the transaction is complete, LCI, based in Burlingame, California, will become...
Mitsui Sumitomo Buys Singapore’s First Capital Insurance from Fairfax for $1.6B
Aug 24 2017 // Mitsui Sumitomo Insurance Company (MSI) is acquiring Singapore’s First Capital Insurance for $1.6 billion from Canada’s Fairfax Financial Holdings, in the biggest takeover by a Japanese insurer in populous...
Federal Funding Available to West Virginia Flood Victims
Aug 22 2017 // President Donald Trump has made federal funding available residents in four West Virginia counties dealing with severe flooding, landslides and mudslides. The Federal Emergency Management Agency announced the money is...
Seeman Holtz Acquires Agency Acquisitions LLC in Texas
Aug 21 2017 // Seeman Holtz Property & Casualty Inc. has acquired Agency Acquisitions LLC, headquartered in Arlington, Texas. Agency Acquisitions specializes in trucking insurance. Seeman Holtz said the acquisition will add a niche...
Verisk to Acquire London-Based Complex Data Software Firm Sequel
Aug 21 2017 // U.S.-based data analytics firm Verisk Analytics Inc. has agreed to acquire London-based insurance and software specialist Sequel from private equity firm HgCapital and other Sequel shareholders. Sequel specializes in...
JLT Re Taps Bardon as Bermuda Partner, Working with Industry Loss Warranty Team
Aug 21 2017 // JLT Re, the London-based reinsurance broker and consultancy, has appointed Nicolas Bardon as a partner in JLT Re’s Bermuda operation reporting to Guy Hengesbaugh. Bardon will work closely with Gary Reynolds and...
U.S. Risk Announces Acquisition of B&H Risk Services, Inc.
Aug 21 2017 // Dallas, TX, August 21, 2017—U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property and Casualty wholesaler, announced today that it has acquired B&H Risk Services, Inc., a Dallas, Texas based...
M&A Activity Outpacing Prior Years: MarshBerry
Aug 21 2017 // Merger and acquisition (M&A) activity continued strong through the second quarter of 2017. The year to date announced deal count is 239 through June 30 (compaared to 222 for the same period last year). The number of...
Group Led by Yunfeng Financial to Buy MassMutual’s Asia Unit for $1.7B
Aug 18 2017 // A group led by Yunfeng Financial Group Ltd., the company backed by billionaire Jack Ma, agreed to buy an Asian unit from Massachusetts Mutual Life Insurance Co. to add insurance products to the array of financial services...
Massachusetts’ Partners Insurance Group Promotes McDonald
Aug 17 2017 // Partners Insurance Group LLC, a Swansea, Mass.-headquartered independent insurance agency with eight locations in Southeastern Massachusetts and Rhode Island, has promoted Michelle McDonald to vice president. McDonald...
Bayer-Backed Health Startup, Medopad, Seeks $30M in New Funding: Sources
Aug 17 2017 // Medopad Ltd., backed by pharmaceuticals giant Bayer AG, is looking to raise new funds, joining the clutch of fast growing U.K. startups that are mixing artificial intelligence and health care. A London-based mobile...
Suretywave Acquires Insure Vision Technologies in California
Aug 16 2017 // SuretyWave LLC has acquired Sherman Oaks, Calif.-based Insure Vision Technologies. Terms of the deal were not disclosed. The acquisition paves the way for SuretyWave to integrate its digital business-architected platform...
Seeman Holtz Enters Texas Through Primera Casualty Acquisition
Aug 16 2017 // Boca Raton, Fla.-based Seeman Holtz Property & Casualty Inc. has acquired Primera Capital, headquartered in Dallas, Texas. Primera’s Anthony Davis and team have been offering both auto insurance and tax services...
RightSure Insurance Acquires Arizona Economy Insurance
Aug 15 2017 // RightSure Insurance Group has acquired Tucson, Ariz.-based Arizona Economy Insurance. Terms of the deal were not disclosed. Arizona Economy Insurance is an independent insurance agency. Tucson, Ariz.-based RightSure is...
The Schinnerer Group Acquires Colorado’s ICAT
Aug 14 2017 // The Schinnerer Group has entered into an agreement to acquire Broomfield, Colo.-based International Catastrophe Insurance Managers LLC from the Paraline Group. The deal is expected to close in the third quarter of 2017....
Palmer & Cay Acquires Millennium Benefits Consulting of Atlanta
Aug 11 2017 // Privately held insurance broker Palmer & Cay, LLC has acquired Atlanta-based Millennium Benefits Consulting, according to Jack Cay, Palmer & Cay’s president and CEO. To formalize its benefit consulting...
Global Insurance M&A in H1 Drops to Lowest Point in 2 Years: Clyde & Co.
Aug 10 2017 // The volume of completed mergers and acquisitions (M&A) in the global insurance industry continued dropping during the first six months of 2017 to 170 deals, compared to 186 deals reported for the second half of 2016,...
Hub Acquires Assets of Oregon-Based Coordinated Resources Group
Aug 10 2017 // Hub International Ltd. has acquired the assets of Portland, Ore.-based Coordinated Resources Group LLC. Terms of the deal were not disclosed. Ruppert Reinstadler and Carol Dobbs, managing partners of CRG, will join Hub...
Alternative to Insurtech or Legacy Tech for Small Commercial: Introducing QBE, Arrowhead Partnership
Aug 10 2017 // When it was announced in June that San Diego, Calif.-based Arrowhead General Insurance Agency Inc. was selected as the program administrator for QBE North America‘s small commercial insurance portfolio, it...
