Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Hub International Acquires Otter Insurance Agency in Washington
Dec 20 2024 // Hub International Ltd. acquired the assets of Otter Insurance Agency Inc. in Lynnwood, Washington. Patrick Otter, president, and the Otter Insurance Agency team will join HUB Northwest. Otter Insurance Agency will be...
Viewpoint: Strategies for Brokers as M&A Slows and Insurance Rates Soften
Dec 19 2024 // The brokerage industry is adapting to a changing landscape as macroeconomic conditions temper the tailwinds that have driven growth in recent years. High interest rates, historical valuations, and tighter access to capital...
Arthur J. Gallagher & Co. Acquires Texas-Based DMc Insurance Partners
Dec 19 2024 // Arthur J. Gallagher & Co. announced the acquisition of Austin, Texas-based Howe Insurance Group LLC, dba DMc Insurance Partners. Terms of the transaction were not disclosed. DMc Insurance Partners is a personal...
LWCC Acquires North Carolina’s Prescient National
Dec 19 2024 // The Louisiana Workers’ Compensation Corporation (LWCC) announced that it will acquire all of the outstanding shares of Prescient National Insurance Company (PNIC) based in Charlotte, North Carolina. The transaction...
Arthur J. Gallagher & Co. Acquires Indiana’s Schuetz Insurance
Dec 19 2024 // Arthur J. Gallagher & Co. announced the acquisition of Indianapolis, Indiana-based M.J. Schuetz Insurance Services Inc. (Schuetz Insurance). Terms of the transaction were not disclosed. Schuetz Insurance provides...
Highstreet Acquires Texas’ Collum Insurance Group
Dec 18 2024 // Highstreet Insurance Partners announced today its acquisition of Collum Insurance Group, LLC based in Richardson, Texas. Along with Collum’s 35 years of personal lines expertise, this transaction adds an additional...
King Risk Acquires Talbert Insurance Services Agency in North Georgia
Dec 18 2024 // King Risk Partners, one of the largest U.S. insurance brokers, has acquired Talbert Insurance Services in Duluth, Georgia, expanding King’s presence in the Southeast. Talbert, in business in north Georgia since 1982,...
Brown & Brown Acquires UK Employee Benefits Specialist Drewberry
Dec 18 2024 // Employee benefits specialists Drewberry has been acquired by Brown & Brown (Europe) Ltd. The terms of the deal are undisclosed. Founded in 2009 by Andrew Jenkinson and Tom Conner, Brighton and London-based Drewberry...
Schrager Hampson Aviation Expands With Acquisition of Pennsylvania’s Bilella Agency
Dec 18 2024 // Schrager Hampson Aviation Insurance Agency LLC, a division of Schrager Hampson Aviation Insurance Group, has announced the acquisition of Charles W. Bilella Agency Ltd, its sixth aviation insurance acquisition. The Charles...
Hub Acquires High Net Worth Specialist Jackson Hole Insurance
Dec 18 2024 // Hub International Ltd. acquired the assets of Jackson Hole Insurance LLC in Wyoming. Evan Molyneaux, president, and Geoff Whitaker, senior sales executive, will join Hub Mountain. Jackson Hole Insurance will be referred to...
NFP Acquires Salus Group, Expanding Its Employee Benefits Practice
Dec 17 2024 // NFP, an Aon company, announced its acquisition of Benefits Partner, LLC dba Salus Group, an independent employee benefits consulting, brokerage and administration firm based in Sterling Heights, Michigan. Michael Brillati,...
PointeNorth Expands in Southeast With Acquisition of Georgia Agency
Dec 17 2024 // Atlanta-based PointeNorth Insurance Group, a broker and agency specializing in commercial insurance, including transportation, construction and condominium coverage, has continued its rapid pace of growth with the addition...
Trucordia Acquires Virginia’s Richard King Agency
Dec 17 2024 // Insurance brokerage Trucordia reports that its most recent acquisition is the Richard King Insurance Agency, a family-owned brokerage firm in Powhatan, Virginia. The Richard King Insurance Agency has been offering personal...
Oregon Lawmakers OK $218M in Emergency Wildfire Funding
Dec 17 2024 // Oregon lawmakers approved $218 million in emergency wildfire funds during special session that was convened to address unpaid bills stemming from the state’s 2024 record wildfire season. As wildfires still rage in...
CRC Group Acquires Florida Wholesaler SLB Insurance Group
Dec 16 2024 // CRC Group, one of North America’s leading independent wholesale specialty insurance distributors, has acquired SLB Insurance Group, a binding authority operation with offices in Florida and Louisiana. Founded in...
Hub Acquires Arkansas’ Hadfield Agency
Dec 13 2024 // Hub International Limited announced that it has acquired the assets of Hadfield Agency, Inc. (Hadfield Agency). Terms of the transaction were not disclosed. Headquartered in Little Rock, Arkansas, Hadfield Agency is an...
Player’s Health Announces $60M Funding Round
Dec 13 2024 // Players Health, a provider of athlete safety and sports insurance solutions, has announced the closing of its $60 million Series C funding round. The round was led by Bluestone Equity Partners, an institutionally backed...
Gallagher Buys Butler, a Georgia Benefits Agency
Dec 13 2024 // Arthur J. Gallagher, the global insurance brokerage, announced it has acquired Georgia-based Sheila J. Butler & Co., an employee benefits firm. Sheila Butler Butler and team will remain in their office locale in...
World Insurance Associates Acquires Sprague Israel Giles in Washington
Dec 13 2024 // World Insurance Associates LLC acquired the business of Sprague Israel Giles Inc. in Seattle, Washington. Sprague Israel Giles was founded in 1958 by David Sprague and Mike Israel. Ten years later, Leon Giles joined the...
ALKEME Acquires Iowa’s Relion
Dec 12 2024 // ALKEME announced the acquisition of Relion Insurance Solutions, one of Iowa’s largest insurance agencies with over 140 years of history serving Iowa and surrounding areas. Relion Insurance Solutions, formed through...
