M&A Deal Summary

Marsh & McLennan Agency Acquires James P. Murphy & Associates

On December 6, 2018, Marsh & McLennan Agency acquired insurance company James P. Murphy & Associates

Acquisition Highlights
  • This is Marsh & McLennan Agency’s 43rd transaction in the Insurance sector.
  • This is Marsh & McLennan Agency’s 43rd transaction in the United States.
  • This is Marsh & McLennan Agency’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2018-12-06
Target James P. Murphy & Associates
Sector Insurance
Buyer(s) Marsh & McLennan Agency
Deal Type Add-on Acquisition

Target

James P. Murphy & Associates

Norwalk, Connecticut, United States
James P. Murphy & Associates, Inc. is an independent insurance agency. James P. Murphy & Associates serves the insurance needs of a diverse range of businesses, individuals, and families across the Northeast. James P. Murphy & Associates, Inc. was founded in 1994 and is based in Norwalk, Connecticut.

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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 44 of 71
Sector (Insurance) 43 of 66
Type (Add-on Acquisition) 44 of 69
State (Connecticut) 1 of 1
Country (United States) 43 of 70
Year (2018) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-03 Eustis Insurance & Benefits

Metairie, Louisiana, United States

Eustis Insurance & Benefits is an independent insurance agency in Louisiana. Eustis provides property/casualty, personal lines, and employee health and benefits solutions and expertise to midsize businesses throughout Louisiana, with particular expertise in the hospitality, construction, wholesale, education, and distribution industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-11 Otis-Magie Insurance Agency

Duluth, Minnesota, United States

Otis-Magie Insurance Agency, Inc. is a provider of business insurance, employee benefits, and personal insurance products and services to clients throughout the northern Minnesota region. Otis-Magie Insurance Agency, Inc. was founded in 1979 and is based in Duluth, Minnesota.

Buy -
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