M&A Deal Summary

Marsh & McLennan Acquires Seitlin Insurance

On November 17, 2011, Marsh & McLennan acquired insurance company Seitlin Insurance

Acquisition Highlights
  • This is Marsh & McLennan’s 4th transaction in the Insurance sector.
  • This is Marsh & McLennan’s 3rd transaction in the United States.
  • This is Marsh & McLennan’s 1st transaction in Florida.

M&A Deal Summary

Date 2011-11-17
Target Seitlin Insurance
Sector Insurance
Buyer(s) Marsh & McLennan
Deal Type Add-on Acquisition
Advisor(s) Dowling & Hales (Financial)

Target

Seitlin Insurance

Miami, Florida, United States
Seitlin provides property and casualty insurance and employee benefits to middle market companies in a wide range of industries.

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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 6 of 16
Sector (Insurance) 4 of 13
Type (Add-on Acquisition) 5 of 15
State (Florida) 1 of 1
Country (United States) 3 of 8
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-07 Kroll

New York, New York, United States

Kroll (old) is a risk consulting company provides a broad range of investigative, intelligence, financial, security and technology services to help clients reduce risks, solve problems and capitalize on opportunities. Kroll (old) was founded in 1972 and is based in New York.

Sell $1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-11 Marsh BPO

Des Moines, Iowa, United States

Marsh BPO is the business process outsourcing arm of the US-based Marsh & McLennan Companies.

Sell -