18 April 2018 Insurance

Insurance broker M&A activity declines in North America

The insurance broker merger and acquisition (M&A) activity has declined in North America in the first quarter of 2018, according to investment bank Optis Partners.

The investment bank registered 142 transactions in the first quarter of 2018, down from 186 in the same period of 2017. In the first quarter of 2016, the number of transactions had been at 115.

Broker Acrisure led all buyers with 28 transactions in the first quarter of 2018, followed by Hub (13), AssuredPartners (10), Alera (8), Broadstreet Partners (7) and Gallagher (6).

The private equity-backed / hybrid group of buyers were the lead buyer segment, completing more than 60 percent of the total transactions in the period.

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