M&A Deal Summary

Starkweather & Shepley Insurance Brokerage Acquires Ferman Group

On June 3, 2022, Starkweather & Shepley Insurance Brokerage acquired business services company Ferman Group

Acquisition Highlights
  • This is Starkweather & Shepley Insurance Brokerage’s 1st transaction in the Business Services sector.
  • This is Starkweather & Shepley Insurance Brokerage’s 6th transaction in the United States.
  • This is Starkweather & Shepley Insurance Brokerage’s 2nd transaction in Connecticut.

M&A Deal Summary

Date 2022-06-03
Target Ferman Group
Sector Business Services
Buyer(s) Starkweather & Shepley Insurance Brokerage
Deal Type Add-on Acquisition

Target

Ferman Group

East Hartford, Connecticut, United States
Ferman Group is a Benefits Organization focused on providing employee benefit plan brokerage and consulting services to mid-sized employers in the New England area.

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Buyer(S) 1

Buyer

Starkweather & Shepley Insurance Brokerage

East Providence, Rhode Island, United States

Category Company
Founded 1879
Sector Insurance
DESCRIPTION

Starkweather & Shepley Insurance Brokerage, Inc. is an insurance brokerage firm. Starkweather & Shepley provides commercial insurance, personal insurance, health and employee benefits, surety bonding and risk management service.


DEAL STATS #
Overall 6 of 6
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 6
State: Connecticut M&A 2 of 2
Country: United States M&A 6 of 6
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-31 Benefit Horizons

Glastonbury, Connecticut, United States

Benefit Horizons is a provider of employee and group benefits for many valued clients and their employees. Benefit Horizons was founded in 1995 and is based in Glastonbury, Connecticut.

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