NFP Acquires David A. Marcus & Associates and Deerfield Financial Group

NFP Acquires AFS Advisors, LLC

January 7, 2022

Wealth Management

NFP, a global insurance broker and consultant, has acquired AFS Advisors, LLC, an independent registered retirement and investment advisor based in Suwanee, Georgia. The acquisition (closed January 7, 2022) expands NFP's retirement capabilities and footprint in the Atlanta metro and broader Atlantic region.

Aon to Acquire NFP

December 20, 2023

Insurance

Aon plc agreed to acquire NFP, a leading middle-market insurance broker and benefits/wealth advisor, from funds affiliated with Madison Dearborn Partners and HPS Investment Partners for an estimated $13.4 billion. The deal will be funded with $7.0 billion in cash and $6.4 billion of Aon stock, with NFP operating as an independent but connected platform under Doug Hammond and expected to close subject to regulatory approvals in mid-2024.

NFP Acquires Diversified Brokerage Services (DBS)

April 10, 2023

Insurance

NFP has acquired Diversified Brokerage Services, Inc. (DBS), a Minneapolis-based life insurance brokerage and one of the largest BGAs in the United States. The acquisition expands NFP's life insurance distribution capabilities and adds DBS's enterprise relationships with broker-dealers, wirehouses and RIAs; DBS principals George 'Chip' Van Dusen IV and Tori Van Dusen-Roos will join NFP.

NFP Acquires Achilles & Associates

March 25, 2022

Insurance

NFP has acquired Austin-based Achilles & Associates to strengthen its property & casualty and benefits capabilities in the Central region and expand its presence in Austin, Texas. Firm principals Jerry and David Achilles will join NFP as vice presidents, helping integrate the agency's relationships and expertise into NFP's Corporate Services team.

NFP Acquires Fallon Benefits Group, Inc.

August 16, 2021

Insurance

NFP, a leading insurance broker and consultant, acquired Fallon Benefits Group, an Atlanta-based employee benefits brokerage and consulting firm; the transaction closed July 23, 2021. The acquisition strengthens NFP's benefits capabilities and expands its middle-market expertise in the Southeast, with Fallon leadership remaining engaged post-close.

NFP Acquires Hafetz & Associates, LLC

June 16, 2023

Insurance

NFP has acquired Hafetz & Associates, LLC, a Linwood, New Jersey-based general agent specializing in group benefits, Medicare and individual health products; the deal closed on June 16. Scott Hafetz will join NFP and report to Kate Henry as the acquisition expands NFP's health benefits capabilities and presence in the Northeast.