Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Construction Insurtech Shepherd in California Raises $13.5M in Series A Funding
Feb 9 2024 // San Francisco, California-based insurtech Shepherd announced it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark...
Fired ‘Mandalorian’ Actor Sues Disney With Funding From Elon Musk
Feb 8 2024 // Actor Gina Carano sued Walt Disney for wrongful termination from Star Wars series “The Mandalorian” in a lawsuit filed Feb 6 and backed by billionaire Elon Musk. Carano argued in the suit that she was fired in...
Kansas Banker Charged With Embezzling $47M to Buy Crypto
Feb 8 2024 // The former chief executive officer of a Kansas bank was charged with embezzling $47.1 million from the lender to buy cryptocurrency, as the tale of tiny Heartland Tri-State Bank and its failure unfolds. Shan Hanes, who led...
Gallagher Targets Florida Condo Market with Acquisition of John Galt Agency
Feb 6 2024 // Arthur J. Gallagher & Co. has acquired Fort Lauderdale-based John Galt Insurance Agency, expanding Gallagher’s presence in the beleaguered condominium and association market in Florida, the global insurance...
West Virginia Construction Firm to Buy Bankrupt College Campus
Feb 2 2024 // CLARKSBURG, W.Va. (AP) — A federal bankruptcy judge on Wednesday approved the sale of a defunct private university’s campus to the owner of a West Virginia construction firm for $5 million. Craig G. Phillips, owner...
Jensten Acquires UK Community Broker Melville Burbage
Feb 2 2024 // Jensten, the London-based independent insurance broking group, announced it has acquired independent community broker Melville Burbage. The deal, which is subject to regulatory approval, brings a dedicated team of 15 to...
Risk Strategies Acquires Michigan’s Ralph C. Wilson Agency
Feb 1 2024 // Risk Strategies, a national specialty insurance brokerage and risk management firm, announced that it has acquired Ralph C. Wilson Agency, a full-service risk management and employee benefits consulting firm and insurance...
PointeNorth Keeps Growing with 2 More Georgia Agency Acquisitions
Feb 1 2024 // Atlanta-based PointeNorth Insurance Group, one of the larger independent agencies in the Southeast, has continued its streak of acquisitions with the addition of Valdosta Insurance Services and Southern Insurance Advisors...
Arthur J. Gallagher Acquires Ericson Advisors of Connecticut
Feb 1 2024 // Global insurance broker Arthur J. Gallagher & Co. reported the acquisition of Washington Depot, Connecticut-based Ericson Insurance Advisors. Ericson Insurance Advisors is a personal lines-focused insurance broker...
Arthur J. Gallagher & Co. Acquires Iowa’s Horak Insurance
Jan 30 2024 // Arthur J. Gallagher & Co. announced the acquisition of Washington, Iowa-based Horak Insurance, Inc. Terms of the transaction were not disclosed. Horak Insurance is a retail property/casualty insurance agency serving...
Agency M&A Down 24% in 2023 but More Large Deals May Be Seen in 2024: OPTIS
Jan 30 2024 // There has been a somewhat return to normal when it comes to insurance-agency mergers and acquisitions, with traditionally active buyers preferring to remain inactive to focus on integration of agencies they’ve...
Arthur J. Gallagher & Co. Acquires Louisiana’s Forest Insurance Facilities
Jan 29 2024 // Arthur J. Gallagher & Co. announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Metairie, Louisiana-based Forest Insurance Facilities....
Howden Acquires UK-Based AHR Consultants to Boost Risk Management Capabilities
Jan 29 2024 // Howden, the London-based global insurance group, announced it has bolstered its risk management capabilities in the UK through the acquisition of AHR Consultants, a leading provider of HR, employment law, training and...
Webster Bank Closes Acquisition of Medical Claims Firm Ametros
Jan 25 2024 // Connecticut-based Webster Bank has completed the acquisition of Ametros Financial Corp., a firm that administers medical claims settlements. Ametros provides post-settlement medical administration for those receiving funds...
Risk Strategies Acquires Medical Liability Agency in Virginia
Jan 25 2024 // National specialty insurance brokerage Risk Strategies announced it has acquired Professional Risk Associates, Inc. (PRA), a Virginia-based specialty healthcare insurance agency focused on medical professional...
NFP Buys London-Based Advanced Insurance Consultants Ltd.
Jan 24 2024 // NFP, the insurance broking and consulting firm, announced it has acquired Advanced Insurance Consultants Ltd. (AIC), an independent insurance broker based in Hemel Hempstead on the outskirts of London. As part of the deal,...
Howden Acquires Scottish Broker Laurie Ross
Jan 24 2024 // Howden, the London-based global insurance group, announced the acquisition of Laurie Ross, a personal and commercial lines broker based in Scotland. The addition of Laurie Ross will take Howden’s high street branches...
ALKEME Acquires Texas-Based Mogul Wealth Strategies
Jan 23 2024 // ALKEME announced the acquisition of Mogul Wealth Strategies, a multi-line independent insurance agency and wealth management firm located in Frisco, Texas and serving the entire United States. Founded in 1996, Mogul Wealth...
Inszone Acquires Kansas’ American Heritage Agency
Jan 23 2024 // Inszone Insurance Services announced the acquisition of American Heritage Agency, Inc., a well-established insurance agency that has been serving the Hays community in Kansas since 1999. This marks Inszone’s entry...
Florida Senate Committee Adopts Litigation Funding Rules; Expands Wrongful Death
Jan 23 2024 // Litigation financing could soon become more transparent and less influential in Florida, but a 34-year-old restriction on who can file medical malpractice wrongful death claims would be expanded under bills approved Monday...
