OceanAir Federal Credit Union Acquires Larson Insurance Agency, LLC

Trucordia Acquires Insurance Business of Boater's Insurance Agency

February 18, 2025

Insurance

Trucordia has acquired the insurance business of Boater's Insurance Agency, a San Francisco Bay Area firm founded in 1989 that specializes in marine insurance and is licensed in 50 states. The deal strengthens Trucordia's capabilities in the marine insurance vertical as part of its broader growth strategy to expand specialized offerings across its national brokerage platform.

OceanFirst Financial Corp. Acquires Majority Stake in Trident Abstract Title Agency, LLC

February 3, 2022

Insurance

OceanFirst Financial Corp. signed an agreement to acquire a majority interest in Trident Abstract Title Agency, LLC, with the right to acquire 100%. Trident, a family-owned title agency based in Wall Township, New Jersey, will operate as an independent subsidiary and its current owners, Chris Carton and Derrick Scenna, will continue to manage daily operations; the deal was expected to close March 1, 2022.

Hub International Acquires Brokerage Assets of The Olson Insurance Agency LLC and Insure All, LLC

November 3, 2020

Insurance

Hub International Limited acquired the insurance brokerage assets of The Olson Insurance Agency LLC and Insure All, LLC, both Virginia-based agencies. The agencies' owners (Max Olson and Michael Forney) and their employees will join Hub Mid-Atlantic; terms were not disclosed.

COVU Acquires Leland Insurance Services

July 8, 2025

Insurance

COVU, an AI-native insurance servicing platform based in San Francisco, acquired California-based Leland Insurance Services, a high-retention independent P&C agency led by Richard Herscowitz. The deal — COVU's fifth agency acquisition — expands the platform's presence across California and integrates Leland's stable personal and commercial book into COVU's AI-supported operating model.

Trive Capital Acquires Oscar W. Larson Company

February 2, 2021

Industrial Services

Dallas-based private equity firm Trive Capital has acquired the Oscar W. Larson Company, a Clarkston, Michigan-based equipment distributor and service provider to fuel infrastructure customers across the Midwest. SideKick Operators and the Oscar Larson management team are co-investors; Cowen acted as exclusive financial advisor to the selling shareholders.

Union Bay Acquisition LLC Acquires Farrell Insurance Associates Inc.

September 21, 2022

Insurance

Union Bay Acquisition LLC, an aggregator of property-casualty insurance agencies, has acquired Farrell Insurance Associates Inc., an independent insurance agency based in Lansdale, Pennsylvania. Terms were not disclosed; the deal expands Union Bay's presence and expertise in the greater Philadelphia area as part of its strategy to acquire small regional insurance agencies.