Acquisitions in North Dakota in 2015

Showing 2 transactions.

  • Buyer
    Marsh & McLennan Agency LLC
    Target
    Dawson Insurance Agency
    Seller
    Dawson family (owners of Dawson Insurance Agency)
    Industry
    Insurance
    Location
    North Dakota, United States
    Type
    Buyout

    Marsh & McLennan Agency LLC (MMA) has acquired Dawson Insurance Agency, a 98-year-old family-owned insurance agency based in Fargo, North Dakota. Dawson Insurance generates $10 million in revenue and has 58 employees who will join MMA's upper Midwest region; the deal gives MMA entry into the North Dakota market.

  • Buyer
    Hub International Limited
    Target
    BW Insurance Agency, Inc.
    Seller
    Bank of the West
    Industry
    Insurance
    Location
    North Dakota, United States
    Type
    Buyout

    Hub International Limited has acquired BW Insurance Agency, Inc. (BWIA), a Bank of the West subsidiary that operates a multi-line property & casualty, personal and employee benefits insurance brokerage across more than 40 offices in eight states. BWIA will be integrated into Hub's regional operations (including Hub Mountain, Hub Colorado, Hub Northwest and Hub Midwest) to broaden Hub's geographic footprint and expand carrier and product access for BWIA's clients; terms were not disclosed.

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