Conner Strong & Buckelew Acquires Armstrong, Doyle & Carroll

BharCap Partners Acquires ARMStrong Receivable Management from Incline Equity Partners

October 10, 2023

Financial Services

BharCap Partners, a Greenwich-based private investment firm focused on financial services, has completed the acquisition of ARMStrong Receivable Management, a leading commercial B2B receivable management and insurance services provider based in Itasca, Illinois. The seller was Incline Equity Partners, which had partnered with ARMStrong in 2019; BharCap plans to support continued growth and strategic M&A as part of its investment.

Accenture Acquires Strongbow Consulting

July 27, 2023

IT Services

Accenture has acquired Strongbow Consulting, a Ridgewood, New Jersey-based technology strategy and infrastructure modernization advisory firm of roughly 60 professionals. Strongbow will join Accenture's Technology Strategy & Advisory practice to expand its Tech Value capabilities, including Technology Business Management (TBM) and infrastructure modernization services; terms were not disclosed.

Arthur J. Gallagher & Co. Acquires Buck from H.I.G. Capital

April 3, 2023

Professional Services

Arthur J. Gallagher & Co. (Gallagher) has completed the acquisition of Buck, a New York–headquartered provider of retirement plan consulting, health & welfare consulting, employee communications, and technology-enabled benefits administration services. The transaction represents H.I.G. Capital's exit after acquiring Buck in 2018 and supporting growth through strategic initiatives and add-on acquisitions.

Alera Group Acquires Three Regional Insurance Firms

December 19, 2017

Insurance

Alera Group completed three add-on acquisitions effective December 1, 2017, acquiring Armstrong/Robitaille/Riegle Business and Insurance Solutions (Irvine, CA), Hallberg Commercial Insurers, Inc. (Oak Brook, IL), and the employee benefits division of Walker Higgins Associates (Spartanburg, SC). The acquisitions expand Alera Group’s regional footprints in southern California, the Chicago area, and South Carolina and increase its nationwide network of employee benefits, P&C, risk management and wealth management firms.

Arthur J. Gallagher & Co. Acquires Sheila J. Butler & Company

December 11, 2024

Financial Services

Arthur J. Gallagher & Co. (Gallagher) acquired Sheila J. Butler & Company (SJB), an employee benefits brokerage based in Carrollton, Georgia. The SJB team will remain in place and integrate under Gallagher’s Southeast region employee benefits consulting operations to bolster Gallagher’s benefits consulting capabilities and footprint in Georgia; terms were not disclosed.

Mercer Advisors Acquires Convergent Wealth Management, LLC

March 31, 2022

Financial Services

Mercer Global Advisors, Inc. (Mercer Advisors) has acquired Convergent Wealth Management, LLC, a Chesterfield, Missouri-based wealth management firm with approximately $130 million in AUM. The deal brings Convergent's entire team into Mercer as part of Mercer’s strategy to expand its Central U.S. presence and provide succession options for Convergent's founders.