M&A Deal Summary

Bollinger Acquires The Morville Agency

On October 4, 2012, Bollinger acquired insurance company The Morville Agency

Acquisition Highlights
  • This is Bollinger’s 3rd transaction in the Insurance sector.
  • This is Bollinger’s 3rd transaction in the United States.
  • This is Bollinger’s 3rd transaction in New Jersey.

M&A Deal Summary
Date 2012-10-04
Target The Morville Agency
Sector Insurance
Buyer(s) Bollinger
Deal Type Add-on Acquisition

Target

The Morville Agency

Newton, New Jersey, United States
The Morville Agency specializes in insuring New Jersey public entities. The agency’s owner George Morville joins Bollinger as senior vice president in the commercial lines division.

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Buyer(S) 1

Buyer

Bollinger

Short Hills, New Jersey, United States

website

Category Company
Founded 1933
Sector Insurance
Employees500
Revenue 100M USD (2014)
DESCRIPTION

Bollinger, Inc. is a provider of insurance service and products placing over $1 billion in insurance premiums into the marketplace annually. The firm's business spans retail property and casualty insurance placement; wholesale brokerage and program management; and employee benefits brokerage and consultancy.

DEAL STATS #
Overall 3 of 3
Sector (Insurance) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (New Jersey) 3 of 3
Country (United States) 3 of 3
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-06 Argent Professional Insurance Agency

Warren, New Jersey, United States

Argent Professional Insurance Agency focuses on professional liability insurance for physicians and healthcare facilities, accountants and attorneys.

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