Latest Mergers & Acquisitions Headlines
All the headlines from our Mergers & Acquisitions Topic Page, ordered by recency.
Alera Group Acquires Miami’s Wilson Washburn & Forster
Apr 12 2023 // Alera Group, a nationwide wealth services and insurance firm, has acquired Wilson, Washburn & Forster, 62-year-old insurance agency in Miami. Wilson Washburn, founded in 1961, offers commercial and personal lines...
Business Moves: Arch Insurance Acquires Insurtech Thimble
Apr 11 2023 // Arch Insurance today said it has acquired Thimble, an insurtech platform that enables small businesses to get insurance coverage by the job, month or year using app, website, or over the phone. Terms were not disclosed....
Ardonagh Acquires Dutch Insurance Broker Klap from Nedvest
Apr 11 2023 // The Ardonagh Group announced it has agreed to acquire Klap Verzekeringsmakelaar, a specialist commercial lines insurance broker based in The Netherlands, from family office, Nedvest. Financial details of the deal were not...
Nexus Acquires Majority Stake in Dubai-Based MGA, Spectrum Risk Management
Apr 10 2023 // Nexus Underwriting announced that it has completed the acquisition of a majority stake in Spectrum Risk Management, a specialist MGA headquartered in Dubai that focuses on marine and property insurance and...
Arthur J. Gallagher & Co. Acquires Texas’ Boley-Featherston
Apr 10 2023 // Arthur J. Gallagher & Co. announced the acquisition of Wichita Falls, Texas-based Boley-Featherston Insurance. Terms of the transaction were not disclosed. Boley-Featherston is a retail insurance agency with expertise...
Hub Acquires Assets of Defranco Insurance in Washington
Apr 10 2023 // Hub International Ltd. acquired the assets of DeFranco Insurance, Inc. in Seattle, Washington. John DeFranco, President, and the DeFranco Insurance team will join Hub Northwest. DeFranco Insurance is an independently owned...
Patriot Growth Acquires Petschauer Insurance of New York
Apr 6 2023 // National insurance network Patriot Growth Insurance Services has added Petschauer Insurance to its organization. Based in Garden City, New York, Petschauer offers property/casualty, employee benefits, life and disability...
Hub Acquires Minnesota’s Horizon Agency
Apr 6 2023 // Hub International announced that it has acquired the assets of Horizon Agency, Inc. (Horizon Agency). Terms of the transaction were not disclosed. Located in Eden Prairie, Minnesota, Horizon Agency is an independently...
Arthur J. Gallagher & Co. Acquires Nebraska’s Quality First Insurance
Apr 5 2023 // Arthur J. Gallagher & Co. announced the acquisition of La Vista, Nebraska-based Quality First Insurance, LLC. Terms of the transaction were not disclosed. Quality First Insurance is an insurance agency serving health...
Hub’s SPG Acquires Squaremouth Travel Insurance Platform
Apr 5 2023 // Specialty Program Group, a holding company established to acquire specialty insurance firms, has purchased the travel insurance service known as Squaremouth. Headquartered in St. Petersburg, Squaremouth offers travel...
OGA Acquires Arkansas’ Jaeger + Haines, Inc.
Apr 4 2023 // One General Agency (OGA) of Oklahoma City announced that it has acquired Jaeger + Haines, Inc., a wholesale broker in Fayetteville, Arkansas. Since 1976, Jaeger + Haines has served agents across Arkansas, Missouri,...
Risk Strategies Acquires May, Bonee & Clark of Connecticut
Apr 4 2023 // National specialty insurance broker Risk Strategies has acquired May, Bonee & Clark Insurance, a Connecticut-based business and personal insurance, employee benefits and risk management firm. The firm also offers...
DOXA Acquires Georgia-based Preferred Aviation MGA
Apr 4 2023 // DOXA Insurance Holdings, an Indiana firm, has expanded its stable of distribution companies with the recent acquisition of Georgia-based Preferred Aviation Underwriters, a managing general agent. PAU, headquartered in...
Ardonagh Advisory Acquires UK Broker Pace Ward
Apr 4 2023 // Ardonagh Advisory, the London-based SME broking platform, announced the acquisition of Pace Ward, a UK-based local broker that provides national coverage for large commercial clients, prestige and high-performance cars,...
BMS Launches Middle East Operations With Acquisition of UAE’s Berns Brett Masaood
Apr 4 2023 // BMS, the London-based independent specialist re/insurance broker, announced it has entered into an agreement to acquire a majority share in Berns Brett Masaood (BBM), a leading UAE insurance broker established in 2007 and...
Acquisitions and Agency Value
Apr 3 2023 // Growth by merger or acquisition is still a popular and valuable tool. One of the main reasons why this is staying popular among agencies is because it is a way for them to show growth when they are struggling with it...
Gallagher Launches in Sweden Following Integration, Rebranding of 3 Acquired Brokers
Mar 31 2023 // Gallagher will launch its first direct presence in Sweden on Monday, April 3, following the integration and rebranding of its three individual Swedish businesses Brim, Nordic and Proinova. Gallagher acquired Brim in 2016,...
World Insurance Acquires Finger Lakes Partners Insurance
Mar 28 2023 // National insurance broker World Insurance Associates has acquired the business of Finger Lakes Partners Insurance Services Inc. of Geneva, New York. Finger Lakes was formed in 2007 with the merger of Chacchia & Parrott...
Private Equity Investor AnaCap Sells Minority Stake in German Broker MRH Trowe
Mar 28 2023 // AnaCap Financial Partners, a London-based private equity investor, announced the sale of a minority stake in portfolio company MRH Trowe, a German owner-managed commercial lines insurance broker. AnaCap and MRHT’s...
North Carolina’s First Citizens Bank to Acquire Most of Collapsed Silicon Valley Bank
Mar 28 2023 // North Carolina-based First Citizens Bank, which also offers property and other types of insurance, will acquire much of Silicon Valley Bank, the tech-focused financial institution that collapsed this month, setting off a...
