Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Alera Group Acquires DFG 401(k) in Arizona
Jul 19 2022 // Alera Group acquired DFG 401(k) Advisors in Phoenix, Arizona. The firm joins Alera Group under the name BCG 401(k) Advisors through Benefit Commerce Group (BCG), an Alera Group company headquartered in Scottsdale, Arizona....
UK Jensten Group Acquires UK Broker Ravenhall Risk Solutions
Jul 19 2022 // The Jensten Group has acquired UK broker Ravenhall Risk Solutions for an undisclosed sum. The deal, which is subject to approval by the FCA, bolsters Jensten’s regional presence in Yorkshire and is the Group’s...
Arthur J. Gallagher & Co. Acquires Toronto’s Four Corners Group Inc.
Jul 19 2022 // Arthur J. Gallagher & Co. announced the acquisition of Toronto-based Four Corners Group Inc. Terms of the transaction were not disclosed. Founded in 2007, Four Corners Group is a leading Canadian executive search firm...
Alera Acquires Vermont’s Noyle Johnson Group
Jul 19 2022 // Independent agency Alera Group reports it has acquired Noyle Johnson Group, a Vermont agency with offices in Montpelier, Danville and Bethel. Noyle Johnson Group offers personal and commercial lines of coverage from more...
First Half Insurance Agency M&A Above 5-Year Average: OPTIS
Jul 18 2022 // Agency consultancy OPTIS Partners said the pace of insurance agency mergers and acquisitions during the first six months of 2022 was above the average of activity during the same period over the last five years – a time...
Professional Services Firm Davies Completes Acquisition of Asta at Lloyd’s
Jul 18 2022 // Davies, the London-based specialist professional services and technology business, announced it has completed the acquisition of Asta Capital, the third-party managing agent at Lloyd’s, following receipt of...
ANZ Agrees to Buy Australian Insurer Suncorp’s Bank Operations for $3.3 Billion
Jul 18 2022 // Australia & New Zealand Banking Group Ltd. agreed to buy Suncorp Group Ltd.’s banking operations for A$4.9 billion ($3.3 billion) as it seeks to gain an edge over larger rivals by expanding in the country’s...
World Insurance Acquires Walker Agency in Massachusetts
Jul 18 2022 // World Insurance Associates reports it has acquired Allan M. Walker Insurance Agency of Taunton, Massachusetts. Terms of the transaction were not disclosed. The Allan M Walker Insurance Agency has been in business...
The Path to Growth for Smaller Agencies: Hire Producers Or Acquire Agencies?
Jul 18 2022 // I know a thing or two about helping agencies grow. In fact, I’ve helped hundreds of entrepreneurs create independent insurance agencies. From this experience, I’ve learned growth is a fairly straightforward...
M&A Advisory Announces Awards, Executive Appointments, and Expansion
Jul 15 2022 // Rockledge, FL., July 15, 2022. — Agency Brokerage Consultants, a premier M&A advisory serving the insurance brokerage industry, has been recognized again this year as a “Top Firm“ by M&A Source, an...
United Property & Casualty Says It Is Exploring Potential Sale or Merger
Jul 14 2022 // United Insurance Holdings Corp., parent company of one of Florida’s largest property insurers – and one that has seen heavy losses in the last two years – announced that its board of directors is now exploring a...
People Moves: Aon Adds 3 to M&A; Shing Heads AXA XL International Casualty; UIB Marine Welcomes Waller
Jul 14 2022 // Aon Adds 3 to M&A and Transaction Practice in the UK Global broker Aon has strengthened its Mergers & Acquisitions and Transaction Solutions team in the UK with the appointments of Sam Bridges, Tanya Hickson, and...
PCF Acquires Andreini & Company in California
Jul 13 2022 // PCF Insurance Services acquired Andreini & Company in San Mateo, California. Andreini & Company specializes in industry niches such as agriculture, aviation, transportation, oil & gas and equine mortality. The...
Specialty Program Group Acquires Entertainment/Sports Broker ESP in Massachusetts
Jul 13 2022 // New Jersey-headquartered Specialty Program Group (SPG) said it has acquired ESP Insurance Brokerage, a national insurance broker and program administrator for the sports, events and promotion marketing and entertainment...
People Moves: GCube Names Two in Underwriting; MS Amlin Adds Barnes to Marine; RiverStone Names M&A Head, Underwriter
Jul 13 2022 // GCube Names Shimal, Litterick to Underwriting Posts Renewable energy specialist GCube Underwriting, a member of the Tokio Marine HCC group of companies, has appointed two people to senior positions within the organisation....
BevCap Buys Dealer Risk, Expanding Captive Management Services
Jul 13 2022 // BevCap Management, an alternative risk and captive management firm, has acquired Florida-based Dealer Risk Services, a group captive insurance program. BevCap, which manages BevCap Captive Group, called it a vertical...
WTW Acquires Climate Risk Analytics Firm Butterwire
Jul 12 2022 // Insurance broker WTW reported its acquisition of Butterwire, a provider of data analytics, artificial intelligence and machine learning platforms. Based in Glasgow, Scotland, the financial analytics company will become a...
Acrisure Buys Naming Rights of Pittsburgh Steelers Home Field
Jul 12 2022 // Grand Rapids, Michigan-based fintech Acrisure has purchased the naming rights of the Pittsburgh Steelers’ home field, which will be known as Acrisure Stadium. No financial terms for the 15-year deal were announced....
Hub Acquires Louisiana’s Shaver-Robichaux Agency
Jul 8 2022 // Hub International Limited acquired the assets of Shaver-Robichaux Agency, Inc. (Shaver-Robichaux). Terms of the transaction were not disclosed. Located in Thibodaux and Raceland, Louisiana, Shaver-Robichaux is an...
Coalition Closes $250M in Series F Funding, Bringing Its Valuation to $5B
Jul 8 2022 // Coalition announced it has raised an additional $250 million to accelerate its growth, power international expansion and broaden the services it offers to help organizations manage digital risk. This funding round closed...
