M&A Deal Summary

Marsh & McLennan Agency Acquires Prescott Pailet Benefits

On July 11, 2011, Marsh & McLennan Agency acquired insurance company Prescott Pailet Benefits

Acquisition Highlights
  • This is Marsh & McLennan Agency’s 5th transaction in the Insurance sector.
  • This is Marsh & McLennan Agency’s 5th transaction in the United States.
  • This is Marsh & McLennan Agency’s 2nd transaction in Texas.

M&A Deal Summary

Date 2011-07-11
Target Prescott Pailet Benefits
Sector Insurance
Buyer(s) Marsh & McLennan Agency
Deal Type Add-on Acquisition

Target

Prescott Pailet Benefits

Dallas,, Texas, United States
Prescott Pailet Benefits LP offers a diversified mix of health, life, dental, and disability products to a wide range of organizations.

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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 5 of 75
Sector: Insurance M&A 5 of 70
Type: Add-on Acquisition M&A Deals 5 of 73
State: Texas M&A 2 of 10
Country: United States M&A 5 of 74
Year: 2011 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-04 RJF Agencies

Minneapolis, Minnesota, United States

RJF Agencies, Inc. engages in the insurance brokerage, placement, and management of property and casualty insurance, executive, management and professional liability insurance, international and domestic insurance programs, and surety bonding products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-08 Progressive Benefit Solutions

Raleigh, North Carolina, United States

Progressive Benefit Solutions offers a wide-range of health, wellness, compliance, and executive compensation products and services to midsize clients.

Buy -