Insurance Buyout Acquisitions in 2024
Acquisition Volume in Insurance Buyout in 2024 by Year
Last 5 years
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December 31, 2024
- Buyer
- Amwins
- Target
- Superior Underwriters
- Industry
- Insurance
- Location
- Washington, United States
- Type
- Buyout
Amwins, a leading wholesale distributor of specialty insurance products, has acquired Superior Underwriters, a Bellevue, Washington–based managing general agency (MGA). The business, which will join Amwins Access, closed on December 31, 2024; terms were not disclosed and the acquisition is intended to strengthen Amwins' presence in the Pacific Northwest and expand its small-business binding authority capabilities.
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December 27, 2024
- Buyer
- Arthur J. Gallagher & Co.
- Target
- Murray Gardner Insurance Agency Inc. (dba BMR Insurance)
- Industry
- Insurance
- Location
- California, United States
- Type
- Buyout
Arthur J. Gallagher & Co. has acquired Murray Gardner Insurance Agency Inc., dba BMR Insurance, a Tustin, California-based retail insurance agency serving commercial and personal lines across Southern California. The deal will integrate BMR into Gallagher’s Southwest retail brokerage operations to expand its retail brokerage capabilities in the region; terms were not disclosed.
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December 27, 2024
- Buyer
- ALKEME
- Target
- Aspen Gold Insurance Brokers
- Seller
- Caleb Joseph (Founder of Aspen Gold Insurance Brokers)
- Industry
- Insurance
- Location
- Colorado, United States
- Type
- Buyout
ALKEME, a Top 35 insurance brokerage based in Ladera Ranch, California, has acquired Aspen Gold Insurance Brokers, marking ALKEME's first expansion into Colorado. Aspen Gold, a family-owned agency based in Broomfield, Colorado, will leverage ALKEME's resources and technology to expand its commercial and personal insurance offerings; founder Caleb Joseph commented on the opportunity for clients and staff.
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December 26, 2024
- Buyer
- Arthur J. Gallagher & Co.
- Target
- Afina Insurance Advisors, Inc.
- Industry
- Insurance
- Location
- Illinois, United States
- Type
- Buyout
Arthur J. Gallagher & Co. acquired Oakbrook Terrace-based Afina Insurance Advisors, Inc., a property and casualty insurance broker serving the greater Chicago area. The Afina team will remain in place and operate under Gallagher's Midwest retail property/casualty brokerage operations to complement Gallagher's existing retail brokerage capabilities in Chicago. Terms were not disclosed.
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December 26, 2024
- Buyer
- Inszone Insurance Services
- Target
- Roten & Company Insurance
- Seller
- Roten & Company Insurance (Roten family)
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Buyout
Inszone Insurance Services, a Sacramento-based full-service insurance brokerage, has acquired Roten & Company Insurance, a multigenerational family-run agency in San Antonio, Texas. The acquisition expands Inszone’s footprint in Texas and enhances its ability to provide commercial, personal, and benefits insurance to local businesses and individuals.
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December 24, 2024
- Buyer
- Inszone Insurance Services
- Target
- Coe Agency, LLC
- Industry
- Insurance
- Location
- New Mexico, United States
- Type
- Buyout
Inszone Insurance Services has acquired Coe Agency, LLC, an independent insurance agency specializing in health and benefits, to strengthen Inszone's presence in New Mexico and expand its employee benefits capabilities. The Coe Agency team in Rio Rancho will join Inszone's Albuquerque office, allowing clients to retain continuity while gaining access to Inszone's national carrier network.
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December 23, 2024
- Buyer
- Inszone Insurance Services
- Target
- Esquire Insurance, LLC (d/b/a Loft & Co)
- Seller
- Brian Cook, Scott Ligouri, John R. Thomas
- Industry
- Insurance
- Location
- Colorado, United States
- Type
- Buyout
Inszone Insurance Services, a Sacramento-based national insurance brokerage, has acquired Esquire Insurance, LLC (doing business as Loft & Co), a Denver-headquartered insurance agency with ~30 employees and locations in three states. The deal expands Inszone's national footprint and provides Loft & Co's clients access to a broader range of carriers, technology and resources.
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December 18, 2024
- Buyer
- Arthur J. Gallagher & Co.
- Target
- DMc Insurance Partners (Howe Insurance Group LLC dba DMc Insurance Partners)
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Buyout
Arthur J. Gallagher & Co. (Gallagher) has acquired Austin, Texas-based Howe Insurance Group LLC, doing business as DMc Insurance Partners. Terms were not disclosed; John McNulty, Scott Durkin and their team will remain in Austin and will report into Gallagher’s U.S. retail personal lines leadership to expand the firm’s personal lines and small business capabilities in the Austin market.
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December 18, 2024
- Buyer
- Arthur J. Gallagher & Co.
- Target
- M.J. Schuetz Insurance Services Inc.
- Industry
- Insurance
- Location
- Indiana, United States
- Type
- Buyout
Arthur J. Gallagher & Co. has acquired Indianapolis-based M.J. Schuetz Insurance Services Inc. The acquisition expands Gallagher's Midwest retail property/casualty brokerage capabilities, integrating Schuetz's expertise in construction, landscaping, manufacturing and real estate into Gallagher's Great Lakes region operations.
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- Buyer
- Highstreet Insurance Partners (HSIP)
- Target
- Collum Insurance Group, LLC
- Seller
- Collum Insurance Group, LLC
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Buyout
Highstreet Insurance Partners (HSIP) has acquired the assets of Collum Insurance Group, LLC, an independent personal-lines insurance agency based in Richardson, Texas. The acquisition adds an additional Gulf Region location to HSIP’s footprint; Collum’s president, Carl Collum, will continue leading his team as part of HSIP’s Sandy Garza agency under Roland Luna.
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December 17, 2024
- Buyer
- King Risk Partners
- Target
- Talbert Insurance Services
- Industry
- Insurance
- Location
- Georgia, United States
- Type
- Buyout
King Risk Partners, a top-100 U.S. insurance broker based in Gainesville, Florida, has acquired Talbert Insurance Services, an independent insurance agency in Duluth, Georgia. The deal expands King Risk Partners’ footprint in Georgia and strengthens its capacity to serve personal and commercial insurance clients across the Southeast.
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December 16, 2024
- Buyer
- CRC Group
- Target
- SLB Insurance Group
- Industry
- Insurance
- Location
- Florida, United States
- Type
- Buyout
CRC Group has acquired SLB Insurance Group, a binding authority operation based in Coconut Creek, Florida with offices in Florida and Louisiana. The deal expands CRC's binding operations in the Southeast — nearly doubling its presence in South Florida and strengthening capabilities in Louisiana — and SLB's leadership team will continue to run the business reporting to Brennan Paris, President, CRC Binding.
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December 12, 2024
- Buyer
- ALKEME
- Target
- Relion Insurance Solutions
- Industry
- Insurance
- Location
- Iowa, United States
- Type
- Buyout
ALKEME, a Top 35 insurance brokerage based in Ladera Ranch, California, acquired Relion Insurance Solutions, one of Iowa's largest insurance agencies. The deal expands ALKEME's Midwest presence and allows Relion to leverage ALKEME's resources while maintaining service continuity.
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December 12, 2024
- Buyer
- Inszone Insurance Services
- Target
- Get Benefits Insurance Services, Inc.
- Industry
- Insurance
- Location
- California, United States
- Type
- Buyout
Inszone Insurance Services, a Sacramento-based insurance brokerage, has acquired Get Benefits Insurance Services, a Ventura County agency founded in 2007. The deal expands Inszone’s presence in California and strengthens its group benefits and multi-line insurance capabilities.
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December 12, 2024
- Buyer
- Hub International Limited
- Target
- Jackson Hole Insurance, LLC
- Seller
- Jackson Hole Insurance, LLC
- Industry
- Insurance
- Location
- Wyoming, United States
- Type
- Buyout
Hub International Limited has acquired the assets of Jackson Hole Insurance, LLC, an independent personal-lines agency based in Jackson Hole, Wyoming. The acquisition strengthens Hub’s personal and high-net-worth insurance capabilities in the Mountain States region; Jackson Hole Insurance leadership (Evan Molyneaux and Geoff Whitaker) will join Hub Mountain States. Terms were not disclosed.
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December 11, 2024
- Buyer
- Inszone Insurance Services
- Target
- Southerland and Associates, Inc.
- Seller
- Cynthia Southerland
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Buyout
Inszone Insurance Services, a Sacramento-based national insurance brokerage, has acquired Southerland and Associates, Inc., an Austin, Texas insurance agency founded by Cynthia Southerland. The deal expands Inszone's presence in Texas and provides Southerland's clients access to a broader network of carriers and resources while enabling the founder’s planned exit and retirement.
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December 11, 2024
- Buyer
- Hub International Limited
- Target
- Otter Insurance Agency, Inc.
- Industry
- Insurance
- Location
- Washington, United States
- Type
- Buyout
Hub International Limited has acquired the assets of Otter Insurance Agency, Inc., a locally owned insurance agency headquartered in Lynnwood, Washington. Patrick Otter and the Otter Insurance team will join HUB Northwest; terms were not disclosed and Clear Lake Consulting served as financial advisor to Otter.
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December 10, 2024
- Buyer
- Hub International Limited
- Target
- Fairfield County Bank Insurance Services, LLC
- Seller
- Fairfield County Bank Insurance Services, LLC, Fairfield County Bank
- Industry
- Insurance
- Location
- Connecticut, United States
- Type
- Buyout
Hub International Limited has acquired the assets of Fairfield County Bank Insurance Services, LLC, an independent insurance agency headquartered in Ridgefield, Connecticut. The Fairfield County Insurance Services team, led by Mark Connelly, will join Hub New England to expand Hub's commercial, personal insurance and employee benefits capabilities in the region; terms were not disclosed.
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December 10, 2024
- Buyer
- Senior Market Sales (SMS), Alliant Insurance Services
- Target
- Centurion Senior Services, LLC
- Seller
- Chad Porter, Eric Porter, Chris McGonigle
- Industry
- Insurance
- Location
- Pennsylvania, United States
- Type
- Buyout
Senior Market Sales (SMS), an Omaha-based insurance marketing organization and part of the Alliant Insurance Services family, has acquired Centurion Senior Services, a Pennsylvania-based Medicare insurance agency. The deal expands SMS' eastern U.S. distribution footprint and gives Centurion access to SMS' technology, back-office support and broader health and wealth product portfolio; Centurion will continue to be managed by its current leaders.
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- Buyer
- Inszone Insurance Services
- Target
- Commercial Insurance of Texas Agency Services
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Buyout
Inszone Insurance Services, a Sacramento-based full-service insurance brokerage, has acquired Commercial Insurance of Texas Agency Services, a Texas-based agency specializing in automotive, heavy truck aftermarket and equipment dealers' insurance. The acquisition expands Inszone's presence in Texas and adds specialized expertise in niche automotive and equipment insurance markets.
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December 9, 2024
Novacap, a North American private equity firm, has announced a partnership investment in Consilium Insurance, a Montreal-based property & casualty insurance brokerage founded in 2013. The investment makes Consilium the seventh platform company in Novacap's Financial Services I fund and is intended to accelerate growth and expand Consilium's operations across Canada and North America.
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December 9, 2024
- Buyer
- Arthur J. Gallagher & Co.
- Target
- AssuredPartners
- Seller
- GTCR, Funds advised by Apax Partners LLP
- Industry
- Insurance
- Location
- Illinois, United States
- Type
- Buyout
Arthur J. Gallagher & Co. (Gallagher) signed a definitive agreement to acquire AssuredPartners, with the transaction expected to close in the first quarter of 2025. The deal value is about $13.45 billion gross (about $12.45 billion net after an estimated $1.0 billion deferred tax asset), and Gallagher expects ~$160 million in synergies and ~$500 million of integration costs. Gallagher subsequently closed the acquisition in August 2025.
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December 9, 2024
- Buyer
- Hub International Limited
- Target
- Hadfield Agency, Inc.
- Industry
- Insurance
- Location
- Arkansas, United States
- Type
- Buyout
Hub International Limited acquired the assets of Hadfield Agency, Inc., an independent multi-line insurance agency headquartered in Little Rock, Arkansas. The Hadfield team will join HUB Mid-America as Hadfield Agency, a Hub International company; terms were not disclosed and Hub said the deal supports its growth strategy in Arkansas.
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December 9, 2024
- Buyer
- Alliant Insurance Services
- Target
- Union First
- Industry
- Insurance
- Location
- California, United States
- Type
- Buyout
Alliant Insurance Services has acquired Union First, a specialized benefits consulting and third‑party administrator serving public safety labor associations (police, firefighters and deputy sheriffs). Union First will join Alliant’s Employee Benefits Group – West Region to expand Alliant’s benefits and trust administration capabilities for first responders; financial terms were not disclosed.
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- Buyer
- Arthur J. Gallagher & Co.
- Target
- AssuredPartners
- Seller
- Apax Funds, GTCR
- Industry
- Insurance
- Location
- Florida, United States
- Type
- Buyout
Arthur J. Gallagher & Co. will acquire AssuredPartners in an all-cash transaction valued at $13.45 billion. The deal is expected to close in the first quarter of 2025, subject to regulatory approvals and customary closing conditions.
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December 6, 2024
- Buyer
- Allied Universal
- Target
- Aim Insurance Services
- Industry
- Insurance
- Location
- Australia
- Type
- Buyout
Allied Universal has acquired Aim Insurance Services, a provider of property loss adjusting and insurance claims services across Australia. Aim will join Allied Universal’s Compliance and Investigations global claims services unit to expand the firm’s ProAdjuster capabilities and international presence in the Australian property claims market.
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December 5, 2024
- Buyer
- Alpine Intel
- Target
- The Robison Group
- Industry
- Insurance
- Location
- Michigan, United States
- Type
- Buyout
Alpine Intel, a Charlotte-based insurance solutions provider, has acquired The Robison Group, a Troy, Michigan-based investigative services firm. The acquisition expands Alpine Intel's fraud investigation capabilities—adding surveillance, SIU, and desktop investigation services—to increase nationwide coverage and capacity.
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December 5, 2024
- Buyer
- Brightstone Specialty Group, Highstreet Insurance Partners, Inc.
- Target
- DMI Insurance Services, South Valley Claims
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Buyout
Brightstone Specialty Group, a subsidiary of Highstreet Insurance Partners, has acquired Austin-based DMI Insurance Services and sister company South Valley Claims. The deal brings specialty program administration and claims capabilities for the independent automotive dealer market into Brightstone's specialty underwriting and services platform to expand its product offerings and U.S. footprint.
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December 4, 2024
- Buyer
- Licent
- Target
- Assurantiekantoor Jeroen Boesveld, Assurantiekantoor Hans Gemmink, Hypotheek Advies Centrum Eddy Wenneker
- Seller
- Jeroen Boesveld, Hans Gemmink, Eddy Wenneker
- Industry
- Insurance
- Location
- Gelderland, Netherlands
- Type
- Buyout
Licent announced that the assurantiekantoren of Jeroen Boesveld, Hans Gemmink and Eddy Wenneker (Hypotheek Advies Centrum Wenneker) will continue together under the Licent brand, creating a regional financial-advice office of about 15 employees in Winterswijk. The move was driven by local succession planning and the desire to gain scale and collective benefits from Licent’s cooperative platform while retaining local client relationships.
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December 4, 2024
- Buyer
- VIU by HUB, Hub International Limited
- Target
- BIS Management Services, Inc. d.b.a. Insuritas
- Industry
- Insurance
- Location
- Connecticut, United States
- Type
- Buyout
VIU by HUB, the omnichannel insurance brokerage platform powered by Hub International, has acquired BIS Management Services, Inc., d.b.a. Insuritas, an embedded insurance provider for banks and credit unions. The move brings Insuritas’ relationships with more than 100 financial institutions onto VIU’s digital marketplace to accelerate growth in the financial-institution channel; terms were not disclosed.
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December 3, 2024
- Buyer
- Arthur J. Gallagher & Co.
- Target
- Dawson & Keenan Insurance Ltd.
- Industry
- Insurance
- Location
- Ontario, Canada
- Type
- Buyout
Arthur J. Gallagher & Co. has acquired Dawson & Keenan Insurance Ltd., a retail insurance brokerage based in Sault Ste. Marie, Ontario. Terms were not disclosed; the Dawson & Keenan team will remain in place and will report into Gallagher’s Canadian retail property/casualty brokerage operations as Gallagher expands its presence in Northern Ontario.
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December 3, 2024
- Buyer
- ALKEME
- Target
- Jacobson Professional Insurance
- Industry
- Insurance
- Location
- New Jersey, United States
- Type
- Buyout
ALKEME, a Top 35 insurance brokerage based in Ladera Ranch, California, has acquired Jacobson Professional Insurance, a West Orange, New Jersey-based specialist in legal malpractice insurance and risk management. The acquisition strengthens ALKEME's professional liability capabilities and Northeast presence; Jacobson founder Scott Jacobson will continue to lead the team within ALKEME.
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December 2, 2024
- Buyer
- Arthur J. Gallagher & Co.
- Target
- Hann Insurance Brokers Pty Ltd
- Industry
- Insurance
- Location
- New South Wales, Australia
- Type
- Buyout
Arthur J. Gallagher & Co. has acquired Lambton, New South Wales‑based Hann Insurance Brokers Pty Ltd; terms were not disclosed. Rhett Hann and his team will join Gallagher's Newcastle office, expanding Gallagher's retail property/casualty brokerage capabilities in Australia with added transport-sector expertise.
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November 27, 2024
- Buyer
- Verlingue, Adelaïde Group
- Target
- ProConseils Solutions
- Industry
- Insurance
- Location
- Canton of Vaud, Switzerland
- Type
- Buyout
Verlingue, a subsidiary of the Adelaïde Group, has acquired ProConseils Solutions, an insurance broker active in French-speaking Switzerland. The acquisition adds nearly 25 employees across three offices in the Canton of Vaud and expands Verlingue's service offering to businesses, local authorities and medico-social establishments as part of its Better Future 28 European growth plan.
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November 26, 2024
- Buyer
- Arthur J. Gallagher & Co.
- Target
- Shepard Insurance Group
- Industry
- Insurance
- Location
- Connecticut, United States
- Type
- Buyout
Arthur J. Gallagher & Co. announced the acquisition of Old Greenwich, Connecticut-based Shepard Insurance Group; terms were not disclosed. Shepard's leadership will remain in place, and the deal expands Gallagher's high-net-worth insurance offerings in the Northeast and Florida.
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November 21, 2024
- Buyer
- Risk Strategies
- Target
- Cornerstone Broker Insurance Services Agency, Inc., ARC Benefit Solutions
- Seller
- Cornerstone Broker Insurance Services Agency, Inc., ARC Benefit Solutions, Annie Carroll, Ryan Carroll
- Industry
- Insurance
- Location
- Ohio, United States
- Type
- Buyout
Risk Strategies has acquired the assets of Cincinnati-based Cornerstone Broker Insurance Services Agency, Inc. and ARC Benefit Solutions. The asset purchase (terms not disclosed) expands Risk Strategies’ employee benefits wholesale, back-office and succession-support capabilities across Ohio, adding Cornerstone/ARC’s quoting, enrollment, renewals and broker succession services to its footprint.
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November 21, 2024
- Buyer
- Arthur J. Gallagher & Co.
- Target
- THB Chile
- Industry
- Insurance
- Location
- Santiago Metropolitan Region, Chile
- Type
- Buyout
Arthur J. Gallagher & Co. acquired Santiago, Chile-based THB Chile, a retail insurance broker that provides property/casualty, life and health benefits, and reinsurance services. Terms were not disclosed; Gallagher said the deal expands its retail and reinsurance brokerage operations in Chile.
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November 20, 2024
- Buyer
- Oakley Capital Fund V, Joachim Müller
- Target
- Konzept & Marketing (K&M)
- Industry
- Insurance
- Location
- Lower Saxony, Germany
- Type
- Buyout
Oakley Capital Fund V is investing in Konzept & Marketing (K&M), a Hanover-based managing general agent (MGA) focused on the German personal non-life insurance market. Oakley will invest alongside insurance veteran Joachim Müller, who will become Chairman and lead a buy-and-build strategy to expand K&M's product offering, distribution capabilities and pursue further M&A; the transaction is expected to close in Q4 2024.
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November 20, 2024
- Buyer
- Davies
- Target
- Barker Claim Services
- Industry
- Insurance
- Location
- North Carolina, United States
- Type
- Buyout
Davies has acquired Barker Claim Services, an independent loss adjusting firm based in Greensboro, North Carolina, to strengthen its claims handling capabilities across Virginia, North Carolina, South Carolina and northeast Tennessee. Financial terms were not disclosed; the deal expands Davies' North American footprint and adds regional property, casualty and motor claims expertise to its insurance solutions offering.
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November 20, 2024
- Buyer
- A-G Specialty Insurance, LLC
- Target
- First Agency TPA (A Gallagher Company)
- Seller
- Arthur J. Gallagher & Co., Gallagher Special Risk
- Industry
- Insurance
- Location
- Michigan, United States
- Type
- Buyout
A-G Specialty Insurance has acquired First Agency TPA (a Gallagher company) from Arthur J. Gallagher & Co., expanding A-G’s third‑party administration capabilities for student and athletic accident coverage. The deal builds on A‑G’s earlier purchase of Gallagher’s Bollinger TPA services and is intended to broaden claims administration and specialized insurance offerings to educational institutions and youth/sports programs.
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November 20, 2024
- Buyer
- One80 Intermediaries
- Target
- Waypoint Underwriting Management, LLC
- Industry
- Insurance
- Location
- New Jersey, United States
- Type
- Buyout
One80 Intermediaries, a Boston-based specialty insurance broker, has acquired Waypoint Underwriting Management, a Basking Ridge, New Jersey-based reinsurance managing general underwriter. The acquisition expands One80's reinsurance and underwriting capabilities across property, casualty, workers' compensation and accident & health products; terms were not disclosed and Dowling Hales acted as exclusive financial advisor to Waypoint.
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November 19, 2024
- Buyer
- Alpine Intel
- Target
- TechLoss Consulting & Restoration
- Seller
- Robert Karbin
- Industry
- Insurance
- Location
- Illinois, United States
- Type
- Buyout
Alpine Intel has acquired TechLoss Consulting & Restoration, a national specialty consulting and restoration provider that specializes in complex electronic and property damage assessments. The deal adds TechLoss's technical electronic-loss mitigation capabilities to Alpine Intel's insurance solutions portfolio, enhancing services for commercial and high-net-worth residential claims across the United States.
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- Buyer
- Inszone Insurance Services
- Target
- LIA Texas, LLC (Lyon's Insurance Agency)
- Seller
- Bobby Lyons, Emma Lyons, LIA Texas, LLC
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Buyout
Inszone Insurance Services, a Sacramento-based full-service insurance brokerage, has acquired LIA Texas, LLC (Lyon's Insurance Agency), a Dallas-based agency founded by Bobby and Emma Lyons. The acquisition expands Inszone's footprint in Texas and brings broader carrier access and support to the agency's commercial and personal lines clients, including artisan contractors and surety bond customers.
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November 14, 2024
- Buyer
- OneDigital
- Target
- GMG Insurance
- Seller
- Charles (Chuck) Thomas, Ron Viehweger
- Industry
- Insurance
- Location
- Pennsylvania, United States
- Type
- Buyout
OneDigital, an Atlanta-based insurance brokerage and HR consulting firm, has acquired GMG Insurance, a Bucks County, Pennsylvania-based property & casualty and employee benefits agency. The acquisition strengthens OneDigital’s P&C capabilities and expands its Mid-Atlantic footprint, with GMG co-owners joining OneDigital’s leadership team.
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November 13, 2024
- Buyer
- Inszone Insurance Services
- Target
- MEBO Health & Benefits (Modern Employee Benefits Organization)
- Seller
- Jay Torres (founder)
- Industry
- Insurance
- Location
- California, United States
- Type
- Buyout
Inszone Insurance Services has acquired Modern Employee Benefits Organization (MEBO) Health & Benefits, a California-based employee benefits agency founded by Jay Torres. The deal expands Inszone's employee benefits capabilities on the West Coast and brings MEBO's high-tech, high-touch benefits expertise into Inszone's platform.
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November 12, 2024
- Buyer
- Inszone Insurance Services
- Target
- L.A. Bowen Insurance
- Seller
- Layne Bowen (owner of L.A. Bowen Insurance)
- Industry
- Insurance
- Location
- Utah, United States
- Type
- Buyout
Inszone Insurance Services has acquired L.A. Bowen Insurance, a long-established agency based in Orem, Utah, expanding Inszone’s footprint in Utah Valley. The deal brings L.A. Bowen’s personal and commercial lines expertise into Inszone’s national brokerage platform while allowing owner Layne Bowen to remain with the agency as Inszone provides marketing, accounting, and administrative support.
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November 11, 2024
- Buyer
- Hub International Limited
- Target
- ANCO Insurance Managers, Inc.
- Industry
- Insurance
- Location
- Texas, United States
- Type
- Buyout
Hub International Limited has acquired the assets of ANCO Insurance Managers, Inc., a Bryan, Texas-based independent insurance brokerage. The deal brings ANCO's team of more than 150 employees and its commercial, personal and employee benefits capabilities into Hub's Texas platform to expand its geographic footprint and product offerings.
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November 7, 2024
- Buyer
- Inszone Insurance Services
- Target
- Springbrook Insurance Agency
- Seller
- Russ Lail, Springbrook Insurance Agency
- Industry
- Insurance
- Location
- California, United States
- Type
- Buyout
Inszone Insurance Services, a Sacramento-based full-service insurance brokerage, has acquired Springbrook Insurance Agency of San Diego, California. The acquisition strengthens Inszone's Southern California presence and ensures continuity for Springbrook clients as founder Russ Lail retires and existing leaders remain with the business.
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November 6, 2024
- Buyer
- Cobepa, Amundi Private Equity Funds, Ascentiel management team, Bertrand Liber
- Target
- Ascentiel Groupe
- Seller
- IK Small Cap II (IK Partners), ISAI Gestion, Bertrand Liber
- Industry
- Insurance
- Location
- Île-de-France, France
- Type
- Buyout
Cobepa has acquired a majority stake in Ascentiel Groupe, a French digital property & casualty insurance brokerage, in partnership with Ascentiel's management; Amundi Private Equity Funds took a minority stake. The sellers were IK Small Cap II (IK Partners), ISAI Gestion and Bertrand Liber (who reinvested); the deal closed on 19 December 2024 and Ascentiel will continue pursuing niche P&C and European expansion.
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November 6, 2024
- Buyer
- Inszone Insurance Services
- Target
- Nugent Insurance Brokers, LLC
- Seller
- Valerie Nugent, Tom Nugent Jr.
- Industry
- Insurance
- Location
- California, United States
- Type
- Buyout
Inszone Insurance Services has acquired Nugent Insurance Brokers, LLC, a three-generation insurance agency based in Chico, California. The deal expands Inszone's regional footprint and capabilities—allowing Nugent clients access to Inszone's broader carrier network and enabling expansion into personal lines and additional insurance offerings.
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