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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