M&A Deal Summary

Marsh & McLennan Agency Acquires Cline Wood Agency

On August 3, 2015, Marsh & McLennan Agency acquired insurance company Cline Wood Agency

Acquisition Highlights
  • This is Marsh & McLennan Agency’s 24th transaction in the Insurance sector.
  • This is Marsh & McLennan Agency’s 24th transaction in the United States.
  • This is Marsh & McLennan Agency’s 1st transaction in Kansas.

M&A Deal Summary

Date 2015-08-03
Target Cline Wood Agency
Sector Insurance
Buyer(s) Marsh & McLennan Agency
Deal Type Add-on Acquisition

Target

Cline Wood Agency

Leawood, Kansas, United States
Cline Wood Agency, Inc. is a provider of property/casualty insurance and risk management and safety services to clients of all sizes operating within the commercial transportation and agribusiness industries.

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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 25 of 75
Sector: Insurance M&A 24 of 70
Type: Add-on Acquisition M&A Deals 25 of 73
State: Kansas M&A 1 of 1
Country: United States M&A 24 of 74
Year: 2015 M&A 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-07 Vézina Assurances

Montreal, Quebec, Canada

Vézina Assurances Inc. is a full-service insurance brokerage firm offering property/casualty insurance and employee benefits services to midsize businesses and individuals throughout Quebec.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-07 Tequesta Insurance Advisors

Tequesta, Florida, United States

Tequesta Insurance Advisors is a provider of personal, commercial, and employee benefits insurance services.

Buy -