According to OPTIS Partners’ M&A database, there were 427 announced insurance agency mergers and acquisitions in the first half of 2022, up 16 percent from 369 in the same period in 2021. The pace in the first six months of 2022 is 13% higher than the previous first-half five-year average, a period considered to be… Continue reading Optis: Insurance Agency M&As Up 16% in First Half 2022
Tag: insurance agency M&As
Insurance Agency M&As Took Off in 2021
There were 1,034 announced insurance agency mergers and acquisitions in 2021, up 30% from 795 reported in 2020, according to OPTIS Partners. Investors flush with capital continue to meet an increasing supply of business owners looking to take advantage of all-time high valuations while capital-gains tax rates are low, the firm said. The 384 deals… Continue reading Insurance Agency M&As Took Off in 2021
Merger & Acquisition Services, Inc. Winner at 18th Annual M&A Advisor Award
The M&A Advisor has announced the Winners of The M&A Advisor Awards on November 19th, 2019 during the 18th Annual M&A Advisor Awards Gala at the New York Athletic Club. The 18th Annual M&A Advisor Awards Gala – the premier celebration of the year for firms and professionals in M&A “dealmaking” – brought together the… Continue reading Merger & Acquisition Services, Inc. Winner at 18th Annual M&A Advisor Award
Buyout Firm Abry Partners Selling Insurance Broker Hilb Group: Sources
Private equity house Abry Partners is working with an investment bank to sell its majority stake in Hilb Group, in a deal that is expected to value the insurance broker at more than $1 billion including debt, sources familiar with the matter said earlier this week. Abry Partners bought into Hilb in 2015, taking on… Continue reading Buyout Firm Abry Partners Selling Insurance Broker Hilb Group: Sources
Insurance Agency M&As in First Nine Months of 2019 Break Record: OPTIS Partners
There were 490 announced insurance agency mergers and acquisitions during the first three quarters of the year, according to OPTIS Partners’ M&A database. It was the highest nine-month total ever, beating the 481 deals announced in 2018. The data covers U.S. and Canadian agencies selling primarily property-and-casualty insurance, agencies selling both P&C and employee benefits,… Continue reading Insurance Agency M&As in First Nine Months of 2019 Break Record: OPTIS Partners
Insurance Agency M&As in First Half of 2019 Shatter Record: OPTIS Partners
There were 328 announced insurance agency mergers and acquisitions during the first half of 2019, according to OPTIS Partners’ M&A database. It was the second-highest six-month total, trailing only the first half of 2017 when 333 transactions were reported. There were 300 deals in the first half of 2018. A record 665 transactions closed in… Continue reading Insurance Agency M&As in First Half of 2019 Shatter Record: OPTIS Partners
Arthur J. Gallagher & Co. Acquires Jones Brown Inc.
Arthur J. Gallagher & Co. today announced the acquisition of Canadian insurance broker Jones Brown Inc. and its subsidiaries. Terms of the transaction were not disclosed. Founded in 1997, Jones Brown is a retail property/casualty insurance broker offering a full range of commercial and personal insurance services throughout Canada from offices in Toronto and Hamilton,… Continue reading Arthur J. Gallagher & Co. Acquires Jones Brown Inc.