Assurant Acquires EPG Insurance, Inc. for $43M

Hub International Acquires Assets of Eaton-Provident Group (EPG Insurance)

October 7, 2021

Insurance

Hub International Limited has acquired the assets of Eaton-Provident Group, LLC (EPG Insurance), a Scottsdale-based property & casualty insurance firm. The acquisition strengthens Hub's specialty insurance capabilities—particularly in senior living and construction—and brings the EPG principals and team into Hub Southwest.

AssuredPartners Acquires Egis Insurance & Risk Advisors

February 1, 2021

Insurance

AssuredPartners, Inc. has acquired Egis Insurance & Risk Advisors, a Boca Raton, Florida-based provider of property & casualty insurance and risk management services for local governmental entities and public charter schools. The 16-person Egis team will join AssuredPartners’ Florida business to expand its capabilities and client footprint serving public-sector entities across the state.

Evolent Health Acquires IPG from TPG Growth for $375M

June 29, 2022

Healthcare Services

Evolent Health agreed to acquire IPG, a provider of surgical cost management solutions for musculoskeletal conditions, from TPG Growth for $375 million in cash plus up to $87 million of contingent consideration. The IPG platform will be integrated into Evolent’s New Century Health business to expand the company's value-based specialty care capabilities and add new payer and ambulatory surgery center relationships; the deal is expected to be immediately accretive to adjusted EBITDA.

AssuredPartners Acquires Esser Hayes Insurance Group

May 8, 2019

Insurance

AssuredPartners, Inc., a national insurance brokerage headquartered in Lake Mary, Florida, has acquired Esser Hayes Insurance Group, Inc., an insurance agency based in Naperville, Illinois. The Esser Hayes team of 103 employees (reporting about $18 million in annualized revenue) will remain under current leadership and join AssuredPartners to accelerate regional growth and expand capabilities in commercial, personal and benefits insurance.

Arthur J. Gallagher & Co. Acquires Eastern Insurance Group

September 19, 2023

Insurance

Arthur J. Gallagher & Co. signed a definitive agreement to acquire Natick, Massachusetts-based Eastern Insurance Group, LLC (a subsidiary of Eastern Bank) for $510 million (net of seller-funded expenses). The acquisition, expected to close in late 2023 and now completed, expands Gallagher’s commercial property/casualty, personal lines and employee benefits capabilities across the Northeast U.S.; Eastern Insurance reported pro forma trailing-12-month revenues of approximately $104 million and EBITDAC of $37 million.

Insurity Acquires Epic-Premier Insurance Solutions

June 25, 2020

Software

Insurity, a Hartford-based provider of cloud-based core system solutions and data analytics for insurers, completed the acquisition of Florida-based Epic-Premier Insurance Solutions on June 22, 2020. The deal adds Epic-Premier’s ConceptOne policy administration capabilities to Insurity’s platform to strengthen its position and product offering in the managing general agent (MGA) market; terms were not disclosed.