Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Howden Acquires Dutch Broker VLC & Partners
Dec 20 2023 // Howden, the London-based global insurance group, announced the acquisition of VLC & Partners Holding B.V., one of the largest independent insurance brokers in the Netherlands. Financial details of the transaction were...
Aon to Buy Middle-Market Broker NFP for $13.4 Billion
Dec 20 2023 // Aon plc this morning said it has a $13.4 billion deal in place to purchase broker NFP to expand its middle-market segment. The purchase price will be funded by $7 billion in cash and $6.4 billion of Aon stock. Closing is...
Risk Strategies Acquires New York’s Robert Alan Agency
Dec 19 2023 // National specialty insurance broker Risk Strategies reports it has acquired Robert Alan Agency, a New York-based retail insurance agency. Established in 1980 by Bob Carlucci, the Robert Alan Agency is headquartered in New...
Relation Insurance Acquires Kansas-Based Kane Insurance Agency
Dec 15 2023 // Relation Insurance Services acquired the assets of Kane Insurance Agency. The transaction went into effect on December 1, 2023 and terms of the transaction were not disclosed. Serving Illinois individuals and businesses...
Webster Bank to Buy Insurance Settlement Funds Administrator
Dec 15 2023 // Stamford, Connecticut-based Webster Bank has agreed to acquire Ametros Financial Corp., a Wilmington, Massachusetts-based custodian and administrator of medical funds from insurance claim settlements. The bank is acquiring...
Howden Acquires Denmark’s NORTH Risk
Dec 14 2023 // Howden, the London-based insurance group, announced an agreement to acquire Denmark’s fourth largest insurance intermediary NORTH Risk, thereby establishing a retail presence in the Danish market and strengthening...
OneDigital Acquires Ohio’s RiskSOURCE
Dec 13 2023 // OneDigital, an insurance brokerage, financial services and HR consulting firm, has acquired RiskSOURCE Clark-Theders, a property & casualty firm based in Cincinnati, Ohio. RiskSOURCE, founded in 1977 and licensed in 46...
Arthur J. Gallagher & Co. Acquires Illinois’ Hunt Insurance Agency
Dec 12 2023 // Arthur J. Gallagher & Co. announced the acquisition of Palos Heights, Illinois-based Hunt Insurance Agency, Inc., dba Hunt Insurance Group. Terms of the transaction were not disclosed. Hunt Insurance Group is a retail...
Adults in Ohio Can Legally Possess and Grow Marijuana – But There’s Nowhere to Buy It
Dec 11 2023 // COLUMBUS, Ohio (AP) – Ohioans woke up Thursday in a land of recreational marijuana limbo, in which adults can legally grow and possess cannabis at home, but cannot legally buy it. That combination of factors related to a...
Maury, Donnelly & Parr Acquires Maryland Agency
Dec 11 2023 // Baltimore-based insurance agency Maury, Donnelly & Parr, Inc. has acquired another Maryland agency, Wetzel & Lanzi, Inc. Wetzel & Lanzi is a family-owned, independent insurance agency located in...
GIC Reaches Agreement to Buy Cinven’s Shares in UK Broker Miller
Dec 11 2023 // Miller, the London-based independent specialist re/insurance broker, announced that GIC, a global institutional investor, and Cinven, the international private equity firm, have reached an agreement for GIC to acquire...
Specialist Risk Group Acquires Lloyd’s Broker CBC Partnership
Dec 8 2023 // Specialist Risk Group (SRG) has agreed to acquire the London-based broker CBC Partnership (CBC), subject to the necessary regulatory approvals. Financial details of the transaction were not disclosed. CBC will become...
Brown & Brown Acquires Automotive Business Solutions in Colorado
Dec 8 2023 // Brown & Brown Dealer Services has completed the acquisition of Automotive Business Solutions. The ABS team will continue to be led by CEO Michael Cox from their current offices in Denver, Colorado. ABS is an...
New England’s Foy Insurance Group Acquired by World Insurance
Dec 7 2023 // New England’s Foy Insurance Group has been acquired by national broker World Insurance Associates. The Foy agency, headquartered in Exeter, New Hampshire, has been doing business in New Hampshire for more than 100...
Higginbotham Acquires Ohio’s Botson’s Insurance Group
Dec 7 2023 // Higginbotham has acquired Botson Insurance Group of Avon, Ohio. This move extends the Texas firm’s presence across Ohio, as Higginbotham formed a similar collaboration with western Ohio’s Community Insurance...
World Acquires South Dakota’s American Trust Insurance
Dec 5 2023 // World Insurance Associates LLC announced that it acquired the business of American Trust Insurance, LLC (“ATI”) of Huron, South Dakota on December 1, 2023. Terms of the transaction were not disclosed. ATI was...
Clear Group Buys General Insurance Book of PW White & Partners in UK
Dec 5 2023 // The Clear Group, the London-based independent broker, announced it has acquired the entire general insurance book of regional broker P W White & Partners Ltd. Financial details of the deal were not disclosed. The...
Howden Acquires Swiss Reinsurance Broker Haakon AG
Dec 5 2023 // Howden, the London-based global insurance group, announced the acquisition of Haakon AG, the specialist reinsurance broker, headquartered in Switzerland. Financial details of the transaction were not disclosed. Haakon,...
Confie Acquires Acceptance Insurance
Dec 4 2023 // Confie announced the acquisition of Acceptance Insurance’s retail division to its family of brands. The personal lines distribution company said its latest acquisition expands its footprint to 26 states across the...
Historic Merger in New York: Bailey Place to Acquire Tanner Ibbotson
Nov 30 2023 // Bailey Place Insurance has agreed to acquire Tanner Ibbotson in a merger of two historic Cortland, New York-based independent insurance agencies. Effective April 1, 2024, Tanner Ibbotson’s office on West Road will...
