M&A Deal Summary

Marsh & McLennan Acquires SOLV Risk Solutions

On June 1, 2023, Marsh & McLennan acquired insurance company SOLV Risk Solutions

Acquisition Highlights
  • This is Marsh & McLennan’s 12th transaction in the Insurance sector.
  • This is Marsh & McLennan’s 7th transaction in the United States.
  • This is Marsh & McLennan’s 3rd transaction in Texas.

M&A Deal Summary

Date 2023-06-01
Target SOLV Risk Solutions
Sector Insurance
Buyer(s) Marsh & McLennan
Deal Type Add-on Acquisition

Target

SOLV Risk Solutions

Houston, Texas, United States
website
SOLV Risk Solutions provides risk management advisory services to businesses, family offices, and private equity firms across the country. SOLV Risk Solutions was founded in 2016 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

Marsh & McLennan

New York, New York, United States

website


Category Company
Founded 1871
Sector Insurance
Employees83,000
Revenue 20.7B USD (2022)
DESCRIPTION

Marsh & McLennan is a global professional services firm offering clients advice and solutions in risk, strategy and people. Marsh & McLennan is the parent company of a number of risk experts and specialty consultants, including: Marsh, the insurance broker, intermediary and risk advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman Group, the management, economic and brand consultancy. Marsh & McLennan was established in 1871 and is based in New York City. Marsh & McLennan was founded in 1871 and is based in New York, New York.


DEAL STATS #
Overall 14 of 14
Sector (Insurance) 12 of 12
Type (Add-on Acquisition) 13 of 13
State (Texas) 3 of 3
Country (United States) 7 of 7
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-01 Focus Insurance & Financial Services

Houston, Texas, United States

Focus Insurance & Financial Services is an insurance brokerage firm specializing in customized personal insurance programs. Focus Insurance & Financial Services was founded in 2001 and is based in Houston, Texas.

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