M&A Deal Summary

Marsh & McLennan Agency Acquires HMS Insurance

On January 4, 2023, Marsh & McLennan Agency acquired insurance company HMS Insurance

Acquisition Highlights
  • This is Marsh & McLennan Agency’s 59th transaction in the Insurance sector.
  • This is Marsh & McLennan Agency’s 61st transaction in the United States.
  • This is Marsh & McLennan Agency’s 2nd transaction in Maryland.

M&A Deal Summary
Date 2023-01-04
Target HMS Insurance
Sector Insurance
Buyer(s) Marsh & McLennan Agency
Deal Type Add-on Acquisition

Target

HMS Insurance

Hunt Valley, Maryland, United States
HMS Insurance provides businesses and individuals in the Mid-Atlantic with property/casualty insurance, surety, group captive, and employee benefits. HMS Insurance was founded in 1943 and is based in Hunt Valley, Maryland.

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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 62 of 71
Sector (Insurance) 59 of 66
Type (Add-on Acquisition) 61 of 69
State (Maryland) 2 of 2
Country (United States) 61 of 70
Year (2023) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-01 McDonald Zaring

Walla Walla, Washington, United States

McDonald Zaring is a full-service agency that serves individuals and businesses across all industries and sizes, including agri-business, wineries, financial institutions, health clinics, and contractors. McDonald Zaring was founded in 1932 and is based in Walla Walla, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-06 Integrity HR

Louisville, Kentucky, United States

Integrity HR is a human resources consulting firm that serves midsize clients across industries and sectors, including non-profits, private equity portfolio firms, family-owned businesses, governments, and municipalities, with strategic outsourced human resources (HR) and HR consulting services. Integrity HR was founded in 2007 and is based in Louisville, Kentucky.

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