M&A Deal Summary

Marsh & McLennan Agency Acquires Klein Agency

On July 3, 2018, Marsh & McLennan Agency acquired insurance company Klein Agency

Acquisition Highlights
  • This is Marsh & McLennan Agency’s 41st transaction in the Insurance sector.
  • This is Marsh & McLennan Agency’s 41st transaction in the United States.
  • This is Marsh & McLennan Agency’s 5th transaction in Minnesota.

M&A Deal Summary

Date 2018-07-03
Target Klein Agency
Sector Insurance
Buyer(s) Marsh & McLennan Agency
Deal Type Add-on Acquisition

Target

Klein Agency

St. Paul, Minnesota, United States
Klein Agency, Inc. is a surety and property/casualty agency specializing in the construction industry. Klein Agency is based in St. Paul, Minnesota.

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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 42 of 71
Sector (Insurance) 41 of 66
Type (Add-on Acquisition) 42 of 69
State (Minnesota) 5 of 7
Country (United States) 41 of 70
Year (2018) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-02 Insurance Associates

Rockville, Maryland, United States

Insurance Associates, Inc. is an independent insurance agency specializing in the construction industry. Insurance Associates provides clients with a complete array of insurance services including employee benefits, life insurance and personal lines. Insurance Associates, Inc. was founded in 1956 and is based in Rockville, Maryland.

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FOLLOWING 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 -