Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Altamont Capital Partners Agrees to Acquire Topa Insurance Group
Aug 7 2019 // Altamont Capital Partners has signed a definitive agreement to acquire Calabasas, Calif.-based Topa Insurance Group from its long-time owner, Topa Equities Ltd. Terms of the deal weren’t disclosed. The transaction is...
AmWINS Group to Acquire LISI and CoPower in California
Aug 7 2019 // AmWINS Group Inc. has signed a definitive agreement to acquire LISI Inc. and CoPower, Inc. Terms of the deal were not disclosed. The transaction is expected to close later this month, pending regulatory approval and...
Alliant Insurance Acquires Oklahoma’s Fred Daniel & Sons
Aug 7 2019 // Alliant Insurance Services, headquartered in Newport Beach, California, has acquired Fred Daniel & Sons, based in Tulsa, Oklahoma. Fred Daniel & Sons brings nearly 100 years of experience and a legacy of excellence...
Hub International Acquires Assets of Missouri’s Truss LLC
Aug 7 2019 // Global insurance brokerage, Hub International Limited (Hub), has acquired the assets of Truss LLC (Truss), headquartered in Kansas City, Missouri. Terms of the transaction were not disclosed. Truss has more than 40 years...
Next Level Acquires North Texas Employee Benefits Provider, A&H Benefits
Aug 6 2019 // Next Level Insurance Agency, a Dallas-based healthcare consulting and employee benefits brokerage firm, has acquired A&H Benefits, also based in North Texas. A&H was formed in 1997 as a corporation to provide...
GI Partners Completes Acquisition of Connecticut’s Insurity
Aug 6 2019 // GI Partners, a middle-market alternative asset manager, has completed the previously announced acquisition of Insurity Inc., a software platform for the property and casualty insurance industry. Headquartered in Hartford,...
Legacy Acquirer DARAG Signs Portfolio Transfer Agreement with Germany’s SOVAG
Aug 6 2019 // DARAG Group Ltd., the Malta-based legacy acquisition firm, announced it has signed a portfolio transfer agreement with German re/insurer Schwarzmeer und Ostsee Versicherungs-Aktiengesellschaft (SOVAG). The legacy portfolio...
BRP Partners with Foundation Insurance of Florida
Aug 6 2019 // Baldwin Risk Partners (BRP), a Tampa, Florida based insurance distribution holding company, has partnered with Foundation Insurance of Florida, a Boca Raton, Fla.-based insurance agency. Foundation Insurance of Florida was...
U.S. Risk Acquires Houston’s U.S. E&O Brokers
Aug 5 2019 // Dallas-based property/casualty insurance wholesaler and managing general agent (MGA), U.S. Risk LLC, has acquired U.S. E&O Brokers (U.S. E&O), a wholesale broker and MGA. U.S. E&O is headquartered in Houston,...
Arthur J. Gallagher & Co. Acquires Wales-Based Adjusting Associates
Aug 5 2019 // Arthur J. Gallagher & Co. announced that its risk management services subsidiary, Gallagher Bassett International Ltd., has acquired the assets of Llantrisant, Wales-based Adjusting Associates LLP. Terms of the...
AM Best Upgrades Credit Ratings of PartnerRe and Subsidiaries
Aug 5 2019 // AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa-” from “a+” of the operating subsidiaries of...
Risk Strategies Acquires New York City’s Reiff & Associates
Aug 2 2019 // Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Reiff & Associates, a full service brokerage firm focused on risk and insurance for companies in the entertainment...
Arthur J. Gallagher Acquires Fullerton Health Corporate Services in Australia
Aug 2 2019 // Arthur J. Gallagher & Co. announced that its risk management services subsidiary, Gallagher Bassett Services Inc., has acquired Fullerton Health Corporate Services from Fullerton Health Australia, which is part of...
Confie Acquires Non-Credit Union Member Insurance from Wescom in California
Aug 1 2019 // Confie has completed the acquisition of Wescom Insurance Services LLC’s non-credit union member insurance services. Confie acquired all of the non-credit union member insurance customers, while Wescom will retain all...
The Hilb Group Acquires Massachusetts’ Handy-Apple Valley
Aug 1 2019 // The Hilb Group LLC (THG) has acquired Massachusetts-based Handy-Apple Valley LLC (HAV). The transaction became effective July 1, 2019. Located in Worcester, Mass., HAV provides personal and commercial insurance. As a part...
World Insurance Associates Acquires West Coast Insurance, Combs Insurance of Florida
Aug 1 2019 // World Insurance Associates LLC, an independent insurance agency headquartered in Tinton Falls, N.J., has expanded its presence in Florida with the acquisitions of West Coast Insurance Group and Combs Insurance, effective...
WSS Acquires Klein & Costa Insurance Services in California
Jul 31 2019 // Western Security Surplus has acquired Klein & Costa Insurance Services in Santa Ana, Calif. Terms of the deal were not disclosed. K&C was founded in 1990 by Clarence Costa and Jim Klein. Costa will continue to lead...
Arch Capital to Acquire UK-Based Barbican Group Holdings
Jul 31 2019 // Arch Capital Group Ltd. has entered into an agreement to purchase Barbican Group Holdings Ltd. from funds managed by Carlson Capital, a U.S.-based alternative asset management firm, subject to regulatory approval. The...
The Hilb Group Acquires Rhode Island’s Damiano Agency
Jul 31 2019 // The Hilb Group LLC (THG) has acquired Rhode Island-based Damiano Agency (DA). The transaction became effective July 1, 2019. For more than 30 years, DA has been delivering property and casualty insurance for businesses and...
Moody’s Acquisition Could Signal Shift in Pricing of Climate Risk: Viewpoint
Jul 31 2019 // The acquisition of California-based Four Twenty Seven, Inc., by Moody’s Corporation could signify the beginning of a major shift in how markets price risks related to climate change. Up until now, these risks largely...
