Lincoln International Agrees to Buy Insurance Brokerage Advisory MarshBerry

Lincoln International, a global investment banking advisory firm, said it has a definitive agreement to acquire MarshBerry, an advisory firm serving the insurance brokerage, insurance distribution, and wealth management sectors for over 40 years.

Lincoln said Woodmere, Ohio-based MarshBerry will bring a suite of specialized services, including investment banking, consulting and growth advisory, market intelligence, agency network access, and executive peer-exchange. MarshBerry operates across six U.S. cities and three international locations in Europe, serving a dedicated client base of private, independent brokers and wealth management firms.

“This acquisition aligns seamlessly with our vision of becoming the leading advisor in the private capital markets,” said Lincoln CEO Rob Brown. “By combining our strengths, we will not only expand our service offerings but will enhance the ways we support our clients as we navigate the dynamic insurance and wealth management sectors.”

This acquisition will significantly strengthen Chicago-based Lincoln’s capabilities within the financial services sector and solidify its position as the premier advisor for private equity firms, strategic acquirers, and independent owners navigating the rapidly consolidating insurance and wealth management landscape.

Terms of the deal were not disclosed. The acquisition closing is subject to standard regulatory approvals.

After closing, Lincoln said the firms will “focus on a seamless integration process that prioritizes client outcomes, knowledge sharing and collective success.”

“This acquisition represents a step that bolsters our presence in the insurance and wealth management markets while setting the stage for continued growth,” said John Wepler, MarshBerry CEO.

Topics Mergers & Acquisitions Agencies