Marsh & McLennan Agency LLC (MMA), a subsidiary of Marsh, has acquired St. Louis, Mo.-based J.W. Terrill, one of the largest independent agencies in the Midwest. Terms of the transaction were not disclosed.
This acquisition is MMA’s first in Missouri.
Founded in 1972, J.W. Terrill provides commercial and personal insurance, surety bonds, risk management and loss control, employee benefits, and benefits administration services to clients throughout the United States. It has approximately 195 employees and generates $32 million in revenues.
All of J.W. Terrill’s employees and leadership, including CEO Andrew Thome, will join MMA’s upper Midwest region and continue to operate out of its office in St. Louis.
Source: Marsh & McLennan Agency
Related:
Topics Mergers & Acquisitions Missouri
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