M&A Deal Summary

Marsh & McLennan Agency Acquires PayneWest

On April 2, 2021, Marsh & McLennan Agency acquired insurance company PayneWest

Acquisition Highlights
  • This is Marsh & McLennan Agency’s 52nd transaction in the Insurance sector.
  • This is Marsh & McLennan Agency’s 54th transaction in the United States.
  • This is Marsh & McLennan Agency’s 1st transaction in Montana.

M&A Deal Summary
Date 2021-04-02
Target PayneWest
Sector Insurance
Buyer(s) Marsh & McLennan Agency
Deal Type Add-on Acquisition

Target

PayneWest

Missoula, Montana, United States
PayneWest is a premier insurance agency providing business and personal insurance, employee benefits, and surety. PayneWest specialize in highly-complex market niches such as agriculture, construction, transportation, healthcare, hospitality, banking, medical malpractice and resource development. PayneWest was founded in 1992 and is based in Missoula, Montana.

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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 55 of 71
Sector (Insurance) 52 of 66
Type (Add-on Acquisition) 54 of 69
State (Montana) 1 of 1
Country (United States) 54 of 70
Year (2021) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-05 Compass Financial Partners

Greensboro, North Carolina, United States

Compass Financial Partners provides institutional retirement plan consulting and fiduciary services to clients across the US; its combined plan assets exceed $14 billion. Compass Financial Partners was founded in 2002 and is based in Greensboro, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-02 Vaaler

Grand Forks, North Dakota, United States

Vaaler provides business insurance, employee health and benefits, and personal lines solutions, with specialized expertise in the construction, education, and healthcare industries. Vaaler was founded in 1947 and is based in Grand Forks, North Dakota.

Buy -
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