MMC - Mergers and acquisitions

Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of several privately owned Honolulu, Hawai‘i-based insurance brokerages from Tradewind Group, a diversified Hawai‘i investment company. Terms of the acquisition were not disclosed. Collectively, Atlas Insurance Agency ("Atlas"), Pyramid Insurance Centre ("Pyramid"), and IC International ("IC"), created a leading insurance brokerage presence in the state. They provide insurance solutions to businesses and individuals throughout Hawai‘i and offer nich

Mercer, a business of Marsh McLennan (NYSE:MMC) and a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people, today announced that it has acquired Hexarem, a boutique Canadian human resources consulting firm specializing in executive compensation and governance advisory services. Terms of the transaction were not disclosed. Founded in 2013 by Patrice Gélinas and headquartered in Montreal, Hexarem serves a diverse range of public and private sector clients across Canada, providing comprehensive, analysis-intensive compensation advice, including total compensation benchmarking and pay program

Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Hayden Wood Insurance Agency Inc., a Southborough, Massachusetts-based independent agency. Terms of the acquisition were not disclosed. Founded in 1946, Hayden Wood primarily provides personal lines expertise to clients nationally, with a specialty in collector auto and motorsports products. All employees, including President and Owner Morgan Duffy, will join MMA and remain working out of their existing Southborough office. Commenting on the a

Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Robins Insurance, a Nashville, Tennessee-based independent insurance agency. Terms of the acquisition were not disclosed. Founded in 1976, Robins primarily provides business insurance and personal lines expertise to clients in the region, with niche expertise in real estate, construction, hospitality, community associations, and manufacturing. All Robins employees, including Chief Executive Officer, Van Robins, will remain working out of their e

Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Olympic Insurance Agency, a Simi Valley, California-based independent insurance agency. Terms of the acquisition were not disclosed. Founded in 1947, Olympic primarily provides business insurance, employee benefits and personal asset protection expertise to clients in Southern California, with a specialty in working with real estate investors, property managers, and manufacturing businesses. All Olympic employees, including principals Don and Bo

Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Excel Insurance, a Medley, Florida-based independent agency. Terms of the acquisition were not disclosed. Founded in 2020, Excel provides property/casualty insurance solutions to small businesses and individuals in South Florida, with specialties in watercraft and motor vehicle protection. All Excel employees, including President Jacob Pared, will join MMA in its existing Doral office. "Acquiring Excel Insurance is a strategic move that enhanc

Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Arthur Hall Insurance, a West Chester, Pennsylvania-based full-service insurance agency. Terms of the acquisition were not disclosed. Founded in 1966, Arthur Hall provides commercial and personal lines expertise to clients across the country, with specialties in the life sciences, information management, non-profit, craft beverage manufacturing, and municipal industries. All Arthur Hall employees, including President Jim Denham, will join MMA and

Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across North America, today announced the acquisition of Acumen Solutions Group LLC, a Melville, New York-based full-service insurance agency. Terms of the acquisition were not disclosed. Founded in 2012, Acumen provides customized insurance programs to businesses and individuals across the country, with specialties in the construction, real estate, and aviation industries. All Acumen employees, including President Tony D'Elia, will join MMA and continue to operate out of Melville, NY. "We have long adm

Marsh McLennan (NYSE:MMC), a global leader in risk, strategy and people, today completed the acquisition of McGriff Insurance Services, LLC. With the closing of this acquisition, McGriff's more than 3,500 colleagues will join Marsh McLennan Agency. "We are thrilled to welcome the McGriff team to Marsh McLennan," said John Doyle, President and CEO of Marsh McLennan. "Their deep specialty and industry capabilities will strengthen Marsh McLennan Agency's value proposition and expand our reach in the growing middle market. Together, McGriff and MMA will deliver even greater value to clients." "Armed with McGriff's outstanding talent, leadership and expertise, we look forward to enhancing ou

Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of AmeriStar Agency, Inc., a Wayzata, Minnesota-based independent agency. Terms of the acquisition were not disclosed. Founded in 1987, AmeriStar provides a range of insurance coverage solutions to high net worth individuals and commercial clients. All AmeriStar employees, including President Matt Schadow, will join Marsh McLennan Agency and continue to operate out of their existing Wayzata office. Commenting on the acquisition, Timothy Fleming, Chairman of Marsh McLennan Agency's Upper Midwest region, said: "As we continue executing on our growth strategy of finding high-quality agencies that meet our evolvin

Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of Hudson Shore Group, a leading public and private sector employee benefits broker based in Red Bank, NJ. Terms of the acquisition were not disclosed. Founded in 2010, Hudson Shore Group specializes in public sector clients, providing employee benefits, consulting, and administrative services with a focus on large group and alternative-funded benefits programs. All Hudson Shore Group employees, including Derek Dailey, founder and CEO, will continue working out of their Red Bank, NJ, office. Commenting on the acquisition, Jerry Alderman, CEO of Marsh McLennan Agency's Northeast region, said: "The Hudson Shore

Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of Perkins Insurance Agencies, an Abilene, Texas-based independent agency. Terms of the acquisition were not disclosed. Founded in 1977, Perkins primarily provides commercial property and casualty and personal lines coverage to West Texas-based businesses, non-profits, and families, with specialized expertise in the oil and gas, trucking, farm and ranch, and restaurant industries. All Perkins employees, including Mark Perkins, CEO, will continue working out of their existing Abilene and Eastland, Texas, offices. Commenting on the acquisition, Matt Stadler, CEO of Marsh McLennan Agency's Southwest region, said:

Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of AC Risk Management (ACRM), an independent commercial lines brokerage based in Melville, New York. Terms of the acquisition were not disclosed. Founded in 2012, ACRM primarily offers property/casualty insurance to businesses in the region, with a particular focus on the construction industry. All ACRM employees, including CEO Matt Avellino, will continue working out of their existing Melville office. "With their commercial line expertise and construction industry specialization, the ACRM team will be a great addition to Marsh McLennan Agency," said Jerry Alderman, CEO of Marsh McLennan Agency's Northeast reg

Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of Philadelphia, Pennsylvania-based Graham Company, a leading risk management consultancy and one of the top independent insurance and employee benefits brokers in the United States. Terms of the acquisition were not disclosed. Founded in 1960, Graham Company specializes in providing business insurance, employee benefits, and surety brokerage services to companies in a range of high-risk industries, including construction, real estate, manufacturing and distribution, health and human services, and professional services. All 215 Graham employees, including Ken Ewell, President & Chief Operating Officer, and Bill

Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of Arlington Heights, Illinois-based Trideo Systems, a risk management information system (RMIS) provider for health care organizations. Terms of the acquisition were not disclosed. Founded in 2008, Trideo's RMIS platform enables health care clients nationwide to efficiently manage risk from its inception as an adverse event, to its eventual resolution through the claims process, saving time through improved collaboration on its secured unified platform. All Trideo employees, including its Co-Founder and Senior Vice President Paresh Purohit, will join Marsh McLennan Agency and work out of the Schaumburg, Illinoi

Acquisition marks launch of new national HR consulting capability Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of Integrity HR, Inc., a human resources consulting firm based in Louisville, Kentucky. Terms of the acquisition were not disclosed. Founded in 2007, Integrity HR serves midsize clients across industries and sectors, including non-profits, private equity portfolio firms, family-owned businesses, governments, and municipalities, with strategic outsourced human resources (HR) and HR consulting services. Integrity HR will become part of Marsh McLennan Agency's national Employee Health & Benefits division, expanding its offerings to include a full

Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of SOLV Risk Solutions, LLC, a leading independent agency based in Austin, Texas. Terms of the acquisition were not disclosed. Founded in 2016, SOLV provides risk management advisory services to businesses, family offices, and private equity firms across the country. Frank Barbella, Advisor, and a team of four SOLV employees will join Marsh McLennan Agency and work out of the Houston and Austin offices. "SOLV was founded upon an entrepreneurially driven mission to bring clients innovative strategies to risk management," commented Matt Stadler, CEO of Marsh McLennan Agency's Southwest region. "This commitment t

Mercer, a global leader in redefining the world of work and a business of Marsh McLennan (NYSE:MMC), today announced the acquisition of Leapgen, a leading Human Resources (HR) technology advisory firm focused on digital strategy and transformation, workforce solutions, and improving employee experience. The acquisition enhances Mercer's position as a trusted advisor in the rapidly-growing digital HR strategy market, according to Jean Martin, Senior Partner, Mercer. "Leapgen will bring world-leading digital HR strategy capabilities and expertise to Mercer's Workforce and HR Transformation solutions, enabling better technology decision making, more effective mapping of HR solutions to an org

Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of Hunt Valley, Maryland-based HMS Insurance Associates, Inc., one of the nation's largest independent agencies. Terms of the acquisition were not disclosed. Founded in 1943, HMS provides businesses and individuals in the Mid-Atlantic with property/casualty insurance, surety, group captive, and employee benefits. All of HMS' more than 120 employees, including President Gary L. Berger, will join MMA and continue to work out of the Hunt Valley, Maryland office. "The MMA goal has always been to partner with the best firms and together build a unique experience for colleagues and clients," commented John Stanc

Expands Presence in Northwest Region Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of McDonald Zaring Insurance (MZI), a full-service agency located in Walla Walla, Washington. Terms of the acquisition were not disclosed. Founded in 1932, McDonald Zaring Insurance serves individuals and businesses across all industries and sizes, including agri-business, wineries, financial institutions, health clinics and contractors. All 19 McDonald Zaring Insurance employees will be joining MMA as part of a newly created MMA office in Walla Walla, including leaders Shaun Borth, David Borth and Kevin Baffney. "McDonald Zaring Insurance prides itself on its extensiv

Expands Presence in Southeast Region Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of Bradley Insurance Agency, a leading commercial insurance broker based in Knoxville, Tennessee. Terms of the acquisition were not disclosed. Founded in 1972 by Steve Bradley, and acquired by Kendall and Kevin Bradley in 2014, Bradley Insurance serves organizations across multiple industries and sizes. All Bradley Insurance employees, including Kendall and Kevin Bradley, will be joining MMA. "With the addition of Bradley Insurance, we're expanding our insurance expertise in eastern Tennessee under the direction of a highly respected and accomplished team," commented P

Expands Presence in Southwest Region Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of Focus Insurance, a leading personal insurance brokerage firm based in Houston, Texas. Terms of the acquisition were not disclosed. Founded in 2001, Focus Insurance specializes in customized personal insurance programs throughout the United States. All Focus employees, including Vice President at Focus Mickie Comiskey, will be joining MMA. "Focus Insurance puts individuals and families first, with a keen eye to customized solutions that protect their clients' interests and assets," commented Bill Henry, CEO of MMA's Southwest region. "We are pleased to welcome Focus

Expands Presence in South Carolina Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of Steinberg & Associates, Inc., a leading independent agency based in Spartanburg, South Carolina. Terms of the acquisition were not disclosed. Founded in 1969, Steinberg & Associates offers employee health and benefits, estate planning, and private client services to midsize businesses and individuals throughout South and North Carolina and Georgia. Hank Steinberg, President of Steinberg & Associates, will join MMA along with his employees. "Hank and his team have built a client-focused firm committed to excellence," commented John Stanchina, CEO of MMA's Mid-Atlantic

Adds Expertise in Midwest Region Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of CS Insurance Strategies, Inc., a full-service insurance agency based in Chicago. Terms of the acquisition were not disclosed. Founded in 2009 by CEO Charles Smith, CS Insurance Strategies is a minority-owned brokerage providing employee health and benefits, business insurance, and risk management consulting services to organizations of all sizes across the US. CS Insurance Strategies serves clients across all industries, with specialized expertise in municipal, non-profit, and minority-owned businesses. All ten employees will join MMA. "Over the years, CS Insurance Stra

Expands Presence in New England Region Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of Clark Insurance, a leading independent agency in Maine. Terms of the acquisition were not disclosed. Founded in 1931, Clark Insurance is a full-service agency providing business insurance, employee health and benefits, and private client services to businesses and individuals across the region. Headquartered in Portland, Maine, Clark has five additional offices in Windham and Gorham, Maine; Manchester, New Hampshire; and Lowell, Massachusetts. Haberman Insurance, a full-service agency based in West Springfield, Massachusetts and acquired by Clark in 2021 is also pa

Expands Presence in Southwest Region Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of InSource Insurance Group LLC, a leading independent agency in Texas. Terms of the acquisition were not disclosed. InSource Insurance Group was formed in 1986 to provide business insurance, employee health and benefits, private client, and surety services to the oil and gas, construction, manufacturing, and transportation industries. InSource will help lead the Southwest region's energy industry vertical, with 45 employees across offices in Midland and Odessa, Texas, joining MMA. "Based in the heart of the Permian Basin, InSource Insurance Group is well respected wit

EXPANDS PRESENCE IN MID-ATLANTIC REGION Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of Pelnik Insurance, a leading independent agency in North Carolina. Terms of the acquisition were not disclosed. Founded in 1994, Pelnik Insurance, led by CEO Chris Pelnik, offers business insurance, employee health and benefits, and private client services to midsize businesses and individuals throughout the Mid-Atlantic. Pelnik has 19 employees across offices in Cary and Greensboro, North Carolina, all of whom will join MMA. "Pelnik Insurance has a talented team dedicated to delivering quality client service. With the addition of Pelnik Insurance, we continue to

Texas Agency Expands Trucking Expertise Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of Southwest Truck Insurance Agency, Inc., a leading independent agency in Irving, Texas. Terms of the acquisition were not disclosed. Founded in 1986, Southwest Truck Insurance specializes in business insurance solutions for the trucking industry, with expertise in domestic and cross-border trucking operations, serving clients in the US and Mexico. All of Southwest Truck Insurance's team, which is led by John Phillips, President, will join MMA. "Transportation and trucking organizations are part of a complex industry that requires an experienced broker to navigate

Oliver Wyman, a global management consulting firm and a business of Marsh McLennan (NYSE:MMC), today completed the acquisition of Huron's life sciences strategy consulting practice. Terms of the acquisition were not disclosed. "Through this combination, we will continue our relentless pursuit of a better way in healthcare, partnering with pharmaceutical, biotechnology, and medical device companies. Our new colleagues bring the expertise needed to help life sciences companies tackle their most pressing strategic questions, including increasingly complex commercialization and access-related issues," commented Sam Glick, Partner and Global Leader of Health and Life Sciences at Oliver Wyman.

Expands Footprint in Upper Midwest Marsh McLennan Agency (MMA), the middle market agency subsidiary of Marsh, today announced the acquisition of Vaaler Insurance, Inc., one of the largest independent agencies in North Dakota. Terms of the acquisition were not disclosed. Vaaler is a third generation family-owned business, providing business insurance, employee health and benefits, and personal lines solutions, with specialized expertise in the construction, education, and healthcare industries. Founded in 1947, Vaaler has 81 employees across offices in Grand Forks, Fargo, and Bismarck, North Dakota, as well as Fosston, Minnesota. Vaaler CEO, Bruce Vaaler will continue to lead operations in

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, today announced the acquisition of Missoula, Montana-based PayneWest Insurance, one of the largest independent agencies in the US. Terms of the acquisition were not disclosed. Founded in 1992, PayneWest provides business insurance, surety, employee benefits, and personal insurance services to companies and individuals across the Northwest through offices across Idaho, Montana, Oregon, and Washington. PayneWest will operate as MMA’s Northwest regional hub under the leadership of Kyle Lingscheit, CEO of PayneWest. Mr. Lingscheit will report to David Eslick, Chairma

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh & McLennan Agency LLC (MMA), the middle market subsidiary of Marsh, today announced the acquisition of Compass Financial Partners, a Greensboro, North Carolina-based retirement consulting and investment advisory firm. Terms of the acquisition were not disclosed. A nationally recognized leader in the sector, Compass Financial Partners provides institutional retirement plan consulting and fiduciary services to clients across the US; its combined plan assets exceed $14 billion. Additionally, the company provides private wealth management and financial planning services to select individuals and families. Compass colleagues will continue to

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, today announced the acquisition of INSPRO, a leading, full service, independent agency in Nebraska. Terms of the acquisition were not disclosed. For more than 80 years, Lincoln, Nebraska-based INSPRO has been providing business insurance, employee benefits, and personal lines insurance services to individuals, families, and small and midsize businesses throughout the region. INSPRO’s 138 colleagues will join MMA and continue to work out of the Lincoln home office and additional locations in Fremont, Omaha, Wahoo, and West Point, Nebraska and West Des Moines, Iowa

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, today announced the acquisition of Heritage Insurance Service, Inc., a leading independent agency in Louisville, Kentucky. Terms of the acquisition were not disclosed. Heritage has been serving companies and individuals since 1974 and provides business, auto, and home insurance services and solutions, with specialized expertise in the trucking and transportation industry. Heritage has 30 employees across five locations in Kentucky and Utah, and is led by Steven Turner, Founder and President. “For nearly 50 years, Steve and his team have been dedicated to providin