Announced
Completed
Financials
Sources
Tags
Friendly
Single Bidder
Majority
Completed
Acquisition
insurance agency
Domestic
Insurance Brokers
United States
Private
Synopsis
Marsh McLennan Agency, a business insurance provider, completed the acquisition of HMS Insurance Associates, an independent insurance agency. Financial terms were not disclosed. “The MMA goal has always been to partner with the best firms and together build a unique experience for colleagues and clients. With exceptional leadership, client satisfaction, long-term client retention, and decades of profitable growth, we are delighted to bring the HMS team on board,” John Stanchina, MMA CEO of Mid-Atlantic region.
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