Marsh Acquires Honan Insurance Group
August 21, 2023
Marsh, a business of Marsh McLennan, has agreed to acquire 100% of Honan Insurance Group Pty Ltd, including the 80% stake held by TA Associates. The acquisition — terms not disclosed and subject to regulatory approvals — brings Honan’s specialist corporate risk, employee benefits and strata/real estate insurance capabilities and ~400 employees across Australia, New Zealand and Asia into Marsh to deepen its regional and specialty insurance offering.
Explore More
Related Acquisitions
-
Arthur J. Gallagher & Co. Acquires Hann Insurance Brokers Pty Ltd
December 2, 2024
Insurance
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.
-
Marsh McLennan Agency Acquires The Horton Group, Inc.
July 9, 2024
Insurance
Marsh McLennan Agency (a subsidiary of Marsh) has entered into a definitive agreement to acquire The Horton Group, Inc., a full-service insurance brokerage based in Orland Park, Illinois. Horton’s approximately nine offices and employees (including CEO Dan Horton) will join Marsh McLennan Agency and continue operating locally; the deal is expected to close in the third quarter of 2024 and terms were not disclosed.
-
Marsh McLennan Agency Acquires Hudson Shore Group
July 2, 2024
Insurance
Marsh McLennan Agency, a subsidiary of Marsh, has acquired Hudson Shore Group, a Red Bank, New Jersey–based employee benefits broker. The deal expands MMA's employee health and benefits capabilities—particularly for public-sector clients—and Hudson Shore employees, including founder Derek Dailey, will remain in the Red Bank office. Terms were not disclosed.
-
Marsh McLennan Agency Acquires Graham Company
August 1, 2023
Insurance
Marsh McLennan Agency, a subsidiary of Marsh, has acquired Philadelphia-based Graham Company, a risk management consultancy and independent insurance and employee benefits broker. All 215 Graham employees will join Marsh McLennan Agency, enabling the firm to expand its business insurance and employee benefits capabilities in the East region.
-
Marsh McLennan Agency Acquires HMS Insurance Associates
January 4, 2023
Insurance
Marsh McLennan Agency (MMA), a subsidiary of Marsh, has acquired Hunt Valley, Maryland-based HMS Insurance Associates, Inc.; terms were not disclosed. Founded in 1943, HMS — with more than 120 employees — provides property/casualty, surety, group captive and employee benefits services and will continue operating from its Hunt Valley office as part of MMA.
-
TA Associates Makes Strategic Growth Investment in Honan Insurance Group
May 17, 2020
Insurance
TA Associates, a global growth private equity firm, has signed a definitive agreement to make a strategic growth investment in Honan Insurance Group. Honan, a Melbourne-based commercial insurance broker with more than 200 employees across seven offices, will continue to be led by its existing management team who will remain shareholders alongside TA to support further domestic and international expansion.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.