M&A Deal Summary

Marsh & McLennan Acquires Saldana & Associates

On October 8, 2002, Marsh & McLennan acquired insurance company Saldana & Associates

Acquisition Highlights
  • This is Marsh & McLennan’s 3rd transaction in the Insurance sector.
  • This is Marsh & McLennan’s 1st transaction in Puerto Rico.

M&A Deal Summary

Date 2002-10-08
Target Saldana & Associates
Sector Insurance
Buyer(s) Marsh & McLennan
Deal Type Add-on Acquisition

Target

Saldana & Associates

San Juan, Puerto Rico
Saldana & Associates an insurance broker in Puerto Rico and the Caribbean. Company serves a diversified book of local and multinational clients in the region.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 3 of 16
Sector (Insurance) 3 of 13
Type (Add-on Acquisition) 2 of 15
Country (Puerto Rico) 1 of 1
Year (2002) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-11-20 Axis Capital

Pembroke, Bermuda

Axis Capital is a provider of specialty-lines insurance and treaty reinsurance for customers around the world. Axis maintains operating subsidiaries in Bermuda, Ireland, and the United States. Axis Capital was founded in 2001 and is based in Pembroke, Bermuda.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-02-24 Oliver Wyman

New York, New York, United States

Oliver Wyman, Inc. a strategy consulting firms, combining deep industry knowledge with specialized expertise in strategy, operations, risk management, and organizational transformation.

Buy -