AssuredPartners Acquires LMC Insurance & Risk Management
February 10, 2020
AssuredPartners, Inc. announced that LMC Insurance & Risk Management, headquartered in West Des Moines, Iowa, is joining AssuredPartners’ national broker team. The deal brings LMC’s 290 employees and 11 offices into AssuredPartners to expand its upper Midwest footprint and grow its agricultural practice.
- Buyers
- AssuredPartners, Inc.
- Targets
- LMC Insurance & Risk Management
- Platforms
- AssuredPartners, Inc.
- Industry
- Insurance
- Location
- Iowa, United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
AssuredPartners Acquires Midwest Group Benefits, Inc.
May 9, 2022
Insurance
AssuredPartners, Inc., a national insurance broker based in Lake Mary, Florida, announced the acquisition of Midwest Group Benefits, Inc. of Decorah, Iowa. The Midwest Group Benefits team of 10 — led by Sara Hotvedt — will join AssuredPartners; the agency reports approximately $1.1 million in annualized revenues and the deal expands AssuredPartners' employee benefits presence in Iowa and the Great Plains region.
-
AssuredPartners Acquires Lehrer & Madden Insurance Agency, Inc.
May 11, 2021
Insurance
AssuredPartners, Inc. announced the acquisition of Lehrer & Madden Insurance Agency, Inc., a Natick, Massachusetts-based insurance agency founded in 1936. The Lehrer & Madden team will remain under current leadership while joining AssuredPartners as part of the firm's continued Northeast expansion and is the firm's 17th acquisition of 2021.
-
AssuredPartners Acquires American Risk Services, LLC
December 13, 2021
Insurance
AssuredPartners, Inc. has acquired American Risk Services, LLC (ARS), a Cincinnati-based insurance brokerage with a 32-person team and approximately $20 million in annualized revenue. The ARS founders and leadership will remain with the business as AssuredPartners expands its Ohio footprint as part of continued national growth.
-
AssuredPartners Acquires Murray Insurance Associates, Inc.
January 22, 2021
Insurance
AssuredPartners, Inc. has acquired Murray Insurance Associates, Inc., a Lancaster, Pennsylvania-based insurance agency. The Murray team of 170 — which generates approximately $31 million in annualized revenues — will remain led by CEO Richard Rankin and join AssuredPartners to strengthen the firm’s Pennsylvania footprint and service capabilities.
-
AssuredPartners Acquires Nevada West Business Insurance Agency, Inc.
February 13, 2020
Insurance
AssuredPartners, Inc. has acquired Nevada West Business Insurance Agency, Inc., a Las Vegas-based commercial insurance agency. The five-person agency, which reports approximately $1 million in annualized revenue, will remain under the operational leadership of Jeff Maren as AssuredPartners expands its presence in the Nevada market.
-
AssuredPartners Acquires Jester Insurance Services, Inc.
October 19, 2021
Insurance
AssuredPartners, Inc. (headquartered in Lake Mary, Florida) has acquired Jester Insurance Services, Inc., an independent insurance agency based in Des Moines, Iowa. The 15-person Jester team will remain in place under existing leadership as AssuredPartners expands its Great Plains footprint and client offerings.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.