Marsh McLennan Agency Acquires SOLV Risk Solutions

June 1, 2023

Marsh McLennan Agency, a subsidiary of Marsh, has acquired SOLV Risk Solutions, LLC, an independent risk management advisory based in Austin, Texas. Frank Barbella and a team of four SOLV employees will join Marsh McLennan Agency and will work out of the Houston and Austin offices; terms of the acquisition were not disclosed. The deal expands Marsh McLennan Agency's risk management advisory capabilities and client-serving capacity.

Buyers
Marsh McLennan Agency
Targets
SOLV Risk Solutions, LLC
Industry
Insurance
Location
Texas, United States
Transaction Type
Buyout

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