Marsh McLennan Agency Acquires Vaaler Insurance, Inc.
September 2, 2021
Marsh McLennan Agency (MMA) has acquired Vaaler Insurance, Inc., one of the largest independent insurance agencies in North Dakota. Terms were not disclosed; Vaaler — a third‑generation, family‑owned agency with 81 employees across Grand Forks, Fargo and Bismarck (ND) and Fosston (MN) — will continue to be led by CEO Bruce Vaaler as MMA expands its Upper Midwest footprint.
- Buyers
- Marsh McLennan Agency (MMA)
- Targets
- Vaaler Insurance, Inc.
- Sellers
- Vaaler family
- Industry
- Insurance
- Location
- North Dakota, United States
- Transaction Type
- Buyout
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