Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
BD Capital Partners LLC Acquires benefitRFP in California
Aug 2 2017 // BD Capital Partners LLC has acquired Sacramento, Calif.-babsed benefitRFP Inc. and Affiliated Cos. as part of a cash and equity transaction. Terms of the deal weren’t disclosed. As a result of the acquisition, BD...
Fosun’s Chairman Supports Chinese Government Restrictions on Overseas M&A
Jul 31 2017 // Billionaire Guo Guangchang, whose Fosun International Ltd. is under scrutiny by Chinese authorities over its foreign mergers and acquisitions, said the government’s clampdown on outbound investments is necessary to...
Oak Hill Capital Partners to Acquire Controlling Position in California-based EPIC
Jul 28 2017 // Private equity firm Oak Hill Capital Partners has agreed to acquire all of The Carlyle Group’s stake in EPIC Insurance Brokers & Consultants, giving Oak Hill a controlling equity position in EPIC. Oak...
Verisk to Acquire Merchant Payments Risk Platform G2 Web Services
Jul 28 2017 // Data analytics firm Verisk Analytics has agreed to acquire G2 Web Services, a provider of merchant risk intelligence for acquirers, commercial banks and other payment system providers. The purchase price is $112 million,...
Pennsylvania’s KMRD Partners Hires Salmon to Risk Management Team
Jul 28 2017 // KMRD Partners, a Warrington, Penn.-based boutique risk management and human capital solutions firm, has hired Kirk Salmon to its risk management team. As a sales and relationship manager, Salmon will work closely with...
U.S. Risk Acquires Strategic Insurance Underwriters of Florida
Jul 28 2017 // U.S. Risk Insurance Group, LLC, a property and casualty wholesaler, has acquired Strategic Insurance Underwriters, a specialist trucking MGA and broker headquartered in Sarasota, Fla. Strategic Insurance Underwriters has a...
ONI Risk Partners Acquires Green Owens Insurance in Indiana
Jul 27 2017 // ONI Risk Partners (ONI), headquartered in Indianapolis, Ind., is acquiring Franklin, Ind.-based Green Owens Insurance (Green Owens). In business since 1979, the Green Owens team joins ONI’s 300-plus insurance...
OPTIS Partners: Insurance Agency Mergers, Acquisitions Still Going Strong
Jul 27 2017 // Mergers and acquisitions (M&As) among North American insurance agencies continued at a strong pace during the second quarter of 2017, with 135 reported transactions in the second three months of 2017, Chicago-based...
Markel to Acquire State National for $919 Million
Jul 26 2017 // Markel Corp. will acquire Texas-based State National Companies Inc. for $919 million, a deal that the Virginia-based insurer and reinsurer said will help diversify its underwriting and revenue streams. Both...
U.S. Risk Announces Acquisition of Strategic Insurance Underwriters
Jul 26 2017 // Dallas, TX, July 26, 2017—U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property and Casualty wholesaler, announced today that it has acquired Strategic Insurance Underwriters, a specialist Trucking...
NAPSLO, AAMGA Members OK Merger; New Wholesale & Specialty Association Is Born
Jul 25 2017 // Members of the American Association of Managing General Agents (AAMGA) and the National Association of Professional Surplus Lines Offices (NAPSLO) have approved a merger of the two associations, creating the new Wholesale...
GBS Benefits Acquires Volk & Associates in Colorado
Jul 25 2017 // Longmont, Colo.-based Volk & Associates has been purchased by GBS Benefits, a member of Leavitt Group. The deal will allow Volk & Associates to provide greater benefits resources for their clients. Volk &...
G.F.H. Insurance Acquires Peyton, Cheely and Woodle Insurance in Virginia
Jul 25 2017 // G.F.H. Insurance Agency Inc., a Richmond, Va.-headquartered insurance broker, has acquired Peyton, Cheely and Woodle Insurance of Richmond, Va., effective June 12, 2017. Terms of the acquisition were not disclosed. Peyton,...
Aetna Acquires Bupa Thailand to Expand in Asia Health Insurance
Jul 25 2017 // Aetna Inc. announced it has acquired UK-based Bupa Group’s Thai business, Bupa Thailand, for an undisclosed sum. The acquisition will significantly increase Aetna’s presence in Asia, and is key to the...
Ryan Specialty Group to Acquire N-Surance Outlets of Georgia
Jul 25 2017 // Ryan Specialty Group, LLC, announced it has reached a definitive agreement to acquire N-Surance Outlets (NSO), a wholesale insurance brokerage and binding authority operation headquartered in Roswell, Ga. NSO will become...
Crest Insurance Group Acquires Troon in Arizona
Jul 24 2017 // Crest Insurance Group LLC has acquired Tucson, Ariz.-based Troon Insurance Services. Terms of the deal were not disclosed. Troon was founded by Clebern Best and has been serving the Greater Phoenix area for 20 years. Crest...
Q2 Insurtech Funding Rises to $1B: Willis Towers Watson/CB Insights Report
Jul 24 2017 // Insurtech funding volume hovered close to $1 billion in the 2017 second quarter, a result nearly 150 percent larger than the same period a year ago, according to a quarterly report on the sector from Willis Towers Watson...
General Indemnity Group Acquires Kansas’ Surety Support Services
Jul 20 2017 // General Indemnity Group LLC (GIG), a subsidiary of Boston Omaha Corp., has acquired Surety Support Services Inc., of Overland Park, Kansas. Tracing its origins back almost 40 years, Surety Support Services (SSS) provides...
Talanx Acquires Generali’s Colombian Businesses for €30M (US$34.6M)
Jul 20 2017 // Talanx has acquired Generali Colombia Seguros Generales S.A. and its life insurance subsidiary, Generali Colombia Vida Compañia de Seguros S.A., for approximately €30 million (US$34.6 million) Generali explained that...
JenCap Holdings Acquiring Michigan’s Special Risks Facilities
Jul 19 2017 // JenCap Holdings LLC has agreed to acquire privately held Special Risks Facilities Inc., an MGA/contract binding authority and wholesale insurance brokerage firm based in Sterling Heights, Michigan. Special Risks was formed...
