M&A Deal Summary

Marsh & McLennan Acquires Clark Insurance

On June 2, 2022, Marsh & McLennan acquired insurance company Clark Insurance

Acquisition Highlights
  • This is Marsh & McLennan’s 10th transaction in the Insurance sector.
  • This is Marsh & McLennan’s 5th transaction in the United States.
  • This is Marsh & McLennan’s 1st transaction in Maine.

M&A Deal Summary
Date 2022-06-02
Target Clark Insurance
Sector Insurance
Buyer(s) Marsh & McLennan
Deal Type Add-on Acquisition

Target

Clark Insurance

Portland, Maine, United States
Clark Insurance is a full-service agency providing business insurance, employee health and benefits, and private client services to businesses and individuals across the region. Clark Insurance was founded in 1931 and is headquartered in Portland, Maine.

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Buyer(S) 1

Buyer

Marsh & McLennan

New York, New York, United States
Category Company
Founded 1871
Sector Insurance
Employees85,000
Revenue 22.7B USD (2023)
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.

DEAL STATS #
Overall 12 of 16
Sector (Insurance) 10 of 13
Type (Add-on Acquisition) 11 of 15
State (Maine) 1 of 1
Country (United States) 5 of 8
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 Southwest Truck Insurance

Irving, Texas, United States

Southwest Truck Insurance specializes in business insurance solutions for the trucking industry, with expertise in domestic and cross-border trucking operations, serving clients in the US and Mexico. Southwest Truck Insurance was founded in 1986 and is based in Irving, Texas.

Buy -
FOLLOWING 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.

Buy -
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