Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Johnson & Johnson Acquiring Statewide Insurance Corp in Arizona
Jan 3 2023 // Johnson & Johnson acquired the assets of Statewide Insurance Corp. in Arizona, as it looks to expand into several Southwestern states. Statewide Insurance Corp. serves clients across the Southwest, writing specialty...
Arthur J. Gallagher Acquires CBS Insurance in Texas
Jan 3 2023 // Arthur J. Gallagher & Co. acquired Abilene, Texas-based CBS Insurance LLP. CBS Insurance is a retail insurance agency providing property/casualty and health/benefits coverages to clients throughout Texas and the...
Howden Buys Spanish Broker March Risk Solutions, Forms Alliance With Banca March
Jan 3 2023 // Howden, the London-based international insurance broker, announced it has acquired 100% of Spanish insurance broker March Risk Solutions (March R.S.) and has signed an alliance with Banca March, March R.S.’s parent...
Insurance M&A Activity Slowed in 2022: S&P
Dec 29 2022 // Berkshire Hathaway’s $11.6 billion acquisition of Alleghany Corp. was the largest insurance transaction in 2022 but insurance M&A activity dropped this year, according to an S&P Global Market Intelligence...
Grohs Schrager Hampson Aviation Acquires New Jersey’s Wings Agency
Dec 28 2022 // Grohs Schrager Hampson Aviation Insurance reports that it acquired Wings Agency of Hainesport, New Jersey on December 22, 2022. Wings Agency was founded by Hobart “Bud” Montee over half a century ago. His...
Arthur J. Gallagher & Co. Acquires Illinois’ ROC Group
Dec 27 2022 // Arthur J. Gallagher & Co. announced the acquisition of Chicago-based ROC Group. Terms of the transaction were not disclosed. Founded in 1998, ROC Group is an employee communication agency specializing in human...
Hilb Acquires OceanPoint Insurance in Rhode Island
Dec 27 2022 // National broker The Hilb Group reported it has acquired Rhode Island-based OceanPoint Insurance, building upon its presence in the New England region. OceanPoint is based in Middletown, and has additional offices in...
Government Funding Bill to Bolster U.S. Antitrust Regulators
Dec 27 2022 // A $1.7 trillion government funding bill approved by the U.S. Senate Thursday will bolster U.S. regulators and make it easier for states to bring antitrust lawsuits. The Federal Trade Commission (FTC), which has a number of...
Howden Acquires Italian TV and Film Broker Assimovie
Dec 22 2022 // Howden, the international insurance broker, announced it has agreed to acquire Assimovie, the leading TV, film and advertising insurance broker in Italy. The transaction underlines Howden’s continued commitment to...
Verisk to Acquire Swedish Claims Insurtech Mavera
Dec 22 2022 // Verisk, the global data analytics provider, has entered into an agreement to acquire Mavera, a Sweden-based insurtech firm that operates a personal injury claims management platform. Financial details of the transaction...
Gallagher to Acquire HR, Benefits Firm Buck For $660 Million
Dec 22 2022 // Global broker Arthur J. Gallagher & Co. has agreed to acquire the partnership interests of BCHR Holdings, L.P., which does business under the name Buck. Buck provides of retirement, human relations, and employee...
Cadence Insurance Acquires Texas-Based Warriner & Associates
Dec 21 2022 // Cadence Insurance, Inc. announced the acquisition of certain assets of Houston, Texas-based Warriner & Associates Insurance Services, Inc. and Warriner Solutions, LLC effective December 1, 2022. With roots tracing back...
Arthur J. Gallagher Acquiring Brazilian Broker Interbrok
Dec 21 2022 // Arthur J. Gallagher & Co. announced the acquisition of São Paulo, Brazil-based Interbrok Group. Financial terms of the deal were not disclosed. In a media statement, J. Patrick Gallagher Jr., chairman, president and...
Hilb Group Expands in New York Region With Commercial Book Acquisition
Dec 20 2022 // The Hilb Group has acquired a book of commercial property/casualty business in the tri-state region. Hilb Group did not identify the seller or size of the book of businesses. The business will be managed by Williston Park,...
Investment Firm Altaris to Acquire Trean
Dec 20 2022 // New York-based investment firm Altaris said it has agreed to acquire the remaining 53% of stock in specialty insurance company Trean Insurance Group, Inc. that it does not already own for $6.15 in cash per share. The...
Risk Strategies Buys Florida Condominium Insurance Agency
Dec 19 2022 // Boston-based broker Risk Strategies announced it has acquired Statewide Condominium Insurance, a Vero Beach, Florida, retail broker focused on the condominium and apartment complex sectors. Founded in 1996, Statewide...
Arthur J. Gallagher & Co. Acquires NEK Insurance in California
Dec 19 2022 // Arthur J. Gallagher & Co. acquired El Cerrito, California-based NEK Insurance Inc. Kevin Bruns, Jennifer Sylvestri, Kyle Peterson and their associates will be part of Gallagher’s San Francisco branch under the...
Kinsale Acquires Property in Richmond
Dec 16 2022 // Specialty insurance business Kinsale Capital Group, Inc. announced that it has acquired real estate property adjacent to its current headquarters in Richmond, Virginia for $76.2 million, through a wholly owned...
Ewing-Leavitt Acquires Stolte Insurance Agency in Colorado
Dec 16 2022 // Loveland, Colorado-based Ewing-Leavitt Insurance acquired Stolte Insurance Agency in Arvada, Colorado. Owner Rodger Bailey and his staff will join Ewing-Leavitt Insurance and Leavitt Group. For the time being, Stolte...
Higginbotham Acquires Texas’ TrueStar
Dec 15 2022 // Higginbotham has acquired TrustStar Insurance Services, Inc., an independent property/casualty insurance agency serving businesses and individuals in Universal City, Texas, TrustStar has provided commercial insurance for...
