GTCR and Apax Partners are exploring options including a full or partial sale of insurance broker AssuredPartners, which could be valued at up to $16 billion, including debt, in any transaction, according to people with knowledge of the matter. The …
There were 339 announced property/casualty insurance agency mergers and acquisitions during the first half of 2021, up from 307 in 2020. According to OPTIS Partners’ M&A report, It was the highest recorded total for the first half of the year. …
AssuredPartners has acquired Anchor Pardue Insurance of Mountain Brook, Ala. Anchor Pardue is the second acquisition in May for Assured Partners and its 18th acquisition in 2021. The team will remain under the leadership of Richard Pardue, president, and Lisa …
AssuredPartners, Inc. has acquired Lehrer & Madden Insurance Agency Inc. of Natick, Massachusetts. Lehrer & Madden is AssuredPartners’ first acquisition in May and its 17th acquisition in 2021. The team will remain under the leadership of Lehrer & Madden President …
Insurance broker AssuredPartners announced that Tom Riley has resigned as chief executive officer of the company to “pursue other investment opportunities and devote more time to his family and charitable interests.” The company said the board of directors has accepted …
The board of directors of AssuredPartners has appointed Thomas E. Riley as chief executive officer. Jim Henderson, the current CEO, will assume the role of executive chairman. The transition will be effective January 1, 2021, at which time, Henderson, Riley …
Williams & Williams Inc. of Smithtown, N.Y., has joined AssuredPartners. The staff of four, led by Glenn Williams, currently reports $1.2 million in annualized revenues. The partnership will strengthen AssuredPartners’ New York operations as it continues to expand its services …
AssuredPartners, Inc. has acquired Cypress Insurance Group, Inc. of Fort Lauderdale, Fla. The team of 20 will remain under the operational leadership of Terry Bond and Debbie Arciola. The agency currently reports $3 million in annualized revenues. AssuredPartners Regional President …
AssuredPartners, Inc. has acquired Transportation Insurance Advisors, LLC located in Sanford, Fla. The team of 55 will remain under the operational leadership of Scott Light. The agency currently reports $14 million in annualized revenues. According to Light, the agency works …
AssuredPartners, Inc. has acquired Star & Shield Insurance Services located in Tallahassee, Fla. The team of 11 will remain under the operational leadership of Frank Russo and Allyson Olver. The agency currently reports $2 million in annualized revenues. Star & …
