M&A Deal Summary

Marsh & McLennan Agency Acquires Perkins Insurance

On May 31, 2024, Marsh & McLennan Agency acquired insurance company Perkins Insurance

Acquisition Highlights
  • This is Marsh & McLennan Agency’s 65th transaction in the Insurance sector.
  • This is Marsh & McLennan Agency’s 69th transaction in the United States.
  • This is Marsh & McLennan Agency’s 10th transaction in Texas.

M&A Deal Summary
Date 2024-05-31
Target Perkins Insurance
Sector Insurance
Buyer(s) Marsh & McLennan Agency
Deal Type Add-on Acquisition

Target

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.

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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 70 of 71
Sector (Insurance) 65 of 66
Type (Add-on Acquisition) 68 of 69
State (Texas) 10 of 10
Country (United States) 69 of 70
Year (2024) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-02 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-02 AmeriStar

Wayzata, Minnesota, United States

AmeriStar provides a range of insurance coverage solutions to high-net-worth individuals and commercial clients. AmeriStar was founded in 1987 and is based in Wayzata, Minnesota.

Buy -
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