Operating Company Financial Services

WalkerHughes Insurance

Indianapolis, Indiana, United States

WalkerHughes Insurance is a full-lines independent insurance agency operating multiple offices across Indiana, Missouri, Illinois, and Ohio. It provides Personal Lines, Commercial Lines, and Employee Benefits with specialty focus areas including Public Entities, Auto Dealerships, Workers’ Compensation, and Farm/Agribusiness.

Focus Areas
Insurance brokerage, Commercial and personal lines, Employee benefits

Tracked deals

6

6 tracked deals across 2025-2026.

Recent pace

3

3 tracked deals announced in the last 12 months.

Deal mix

Addon

4 addon · 2 buyout

WalkerHughes Insurance Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for WalkerHughes Insurance. 3 2025 ~4 est. 3 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    WalkerHughes Insurance
    Target
    Sacksteder Worland Insurance Agency
    Seller
    Joe Worland
    Industry
    Insurance
    Type
    Buyout

    WalkerHughes Insurance, a founder-led retail insurance brokerage headquartered in Indianapolis, announced its expansion into Ohio via the acquisition of Sacksteder Worland Insurance Agency, based in Tiffin, Ohio. The deal marks WalkerHughes’ fourth state of operation and will keep the Tiffin office serving local clients under the WalkerHughes brand, with the seller remaining actively involved.

  • Buyer
    WalkerHughes Insurance
    Target
    Benhoff Insurance Agency
    Seller
    Bruce Benhoff
    Industry
    Insurance
    Type
    Addon

    WalkerHughes, a founder-led retail insurance brokerage headquartered in Indianapolis, Indiana, announced its expansion into Illinois through the acquisition of Benhoff Insurance Agency. Benhoff Insurance Agency is a personal lines brokerage based in Breese, Illinois, and will continue operating under the WalkerHughes brand.

  • Buyer
    WalkerHughes Insurance
    Target
    Inman Insurance Agency, Clark Insurance Agency
    Seller
    Keith Inman, Mary Clark
    Industry
    Insurance
    Type
    Buyout

    WalkerHughes Insurance, a privately held retail insurance brokerage headquartered in Indianapolis, acquired Inman Insurance Agency in Salem, Missouri and Clark Insurance Agency in Ballwin, Missouri. The deals expand WalkerHughes’ Missouri footprint, increasing market density across south-central communities and the St. Louis metropolitan area.

  • Buyer
    WalkerHughes Insurance
    Target
    Apogee Insurance Solutions, LLC
    Seller
    Kyle Heywood
    Industry
    Insurance
    Type
    Addon

    WalkerHughes Insurance, a privately held, PE-backed retail insurance brokerage headquartered in Indianapolis, acquired Apogee Insurance Solutions, LLC, a St. Peters, Missouri-based agency that specializes in personal and commercial insurance. The deal is an add-on to WalkerHughes' Missouri platform and supports the firm's regional expansion and continuity of service as Apogee's owner, Kyle Heywood, exits the business.

  • Buyer
    WalkerHughes Insurance
    Target
    McCormick Insurance Agency, Inc.
    Seller
    Lee Tuggle (co-owner of McCormick Insurance Agency), Doug Steele (co-owner of McCormick Insurance Agency)
    Industry
    Insurance
    Type
    Addon

    WalkerHughes Insurance has acquired McCormick Insurance Agency, Inc., expanding its presence in Vincennes, Indiana. The McCormick team will continue operating from their current office, bringing farm and personal insurance expertise into the WalkerHughes network as an add-on to its regional platform.

  • Buyer
    WalkerHughes Insurance
    Target
    Independent Brokers Agency LLC
    Industry
    Insurance
    Type
    Addon

    WalkerHughes Insurance, a privately held retail insurance brokerage headquartered in Indianapolis, has acquired Independent Brokers Agency LLC (IBA), a family-owned insurance agency based in Ballwin, Missouri. The deal marks WalkerHughes' first acquisition outside Indiana and expands its personal, commercial and employee benefits capabilities in the St. Louis metro; IBA principals Heather Wessels and Mike Swatske will remain in local leadership roles.

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