M&A Deal Summary

Marsh & McLennan Agency Acquires ACRM

On May 2, 2024, Marsh & McLennan Agency acquired insurance company ACRM

Acquisition Highlights
  • This is Marsh & McLennan Agency’s 64th transaction in the Insurance sector.
  • This is Marsh & McLennan Agency’s 68th transaction in the United States.
  • This is Marsh & McLennan Agency’s 2nd transaction in New York.

M&A Deal Summary

Date 2024-05-02
Target ACRM
Sector Insurance
Buyer(s) Marsh & McLennan Agency
Deal Type Add-on Acquisition

Target

ACRM

Melville, New York, United States
ACRM is an independent commercial lines brokerage. ACRM primarily offers property/casualty insurance to businesses in the region, with a particular focus on the construction industry. ACRM was founded in 2012 and is based in Melville, New York.

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Buyer(S) 1

Buyer

Marsh & McLennan Agency

White Plains, New York, United States

Category Company
Founded 2008
Sector Insurance
DESCRIPTION

Marsh & McLennan Agency LLC is a subsidiary of Marsh serve as a platform for the middle market. MMA offers commercial property, casualty, personal lines, and employee benefits to clients across the US.


DEAL STATS #
Overall 69 of 71
Sector (Insurance) 64 of 66
Type (Add-on Acquisition) 67 of 69
State (New York) 2 of 2
Country (United States) 68 of 70
Year (2024) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-23 FBBINSURANCE

Jackson, Mississippi, United States

FBBINSURANCE provides commercial property/casualty insurance, surety, and employee benefits services to businesses and individuals across the Southeast. FBBINSURANCE was founded in 1936 and is based in Jackson, Mississippi.

Buy $316M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-31 Perkins Insurance

Abilene, Texas, United States

Perkins Insurance provides commercial property, casualty, and personal lines coverage to West Texas-based businesses, non-profits, and families, with specialized expertise in the oil and gas, trucking, farm and ranch, and restaurant industries. Perkins Insurance was formed in 1977 and is headquartered in Abilene, Texas.

Buy -