Starkweather & Shepley Acquires Newport Insurance Agency

Arthur J. Gallagher & Co. Acquires Shepard Insurance Group

November 26, 2024

Insurance

Arthur J. Gallagher & Co. announced the acquisition of Old Greenwich, Connecticut-based Shepard Insurance Group; terms were not disclosed. Shepard's leadership will remain in place, and the deal expands Gallagher's high-net-worth insurance offerings in the Northeast and Florida.

Starkweather & Shepley Acquires Benefit Horizons Corporation

May 1, 2022

Insurance

Starkweather & Shepley Insurance Brokerage, Inc. has acquired Benefit Horizons Corporation, a Glastonbury, Connecticut-based group and employee benefits agency founded in 1995. The deal expands Starkweather & Shepley’s benefits presence in Connecticut and brings agency principals Brian Callahan and Jamie Zito into the firm; Benefit Horizons will operate as a division of Starkweather & Shepley.

Starkweather & Shepley Acquires Ferman Group, LLC

February 1, 2022

Insurance

Starkweather & Shepley Insurance Brokerage, Inc. acquired Ferman Group, LLC, a 40-year benefits brokerage based in East Hartford, Connecticut. The acquisition makes Ferman a division of Starkweather & Shepley and expands the buyer's employee benefits capabilities and presence in Connecticut and the broader New England market.

Shore Points Capital Acquires Newport Systems Inc.

July 23, 2020

Software

Shore Points Capital, a New York–based private equity firm, has acquired Newport Systems Inc., a Wall, New Jersey–headquartered provider of software and mobile technologies for the intermodal transportation industry. Robert Morton, formerly Executive Vice President, was promoted to President and joined the company's board as Shore Points said it will support Newport's continued growth and product development.

The Hilb Group Acquires Wickford Insurance Agency, Inc.

December 1, 2019

Insurance

The Hilb Group, LLC (THG) acquired Rhode Island-based Wickford Insurance Agency, Inc., effective December 1, 2019. The acquisition expands THG's property & casualty operations in New England; THG is a Richmond, Virginia-based, middle-market insurance brokerage and a portfolio company of The Carlyle Group.

Woodruff Sawyer Acquires Capstone Insurance, LLC

December 8, 2015

Insurance

Woodruff Sawyer, a San Francisco–based insurance brokerage, will acquire Capstone Insurance, LLC of Boston, Massachusetts to expand its geographic presence and capabilities. Capstone’s principals — Matt Field, Sean Coady and Dan McMullen — will lead the Boston office through the transition; the deal is expected to close by year-end.