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Meritage Wealth Insurance Advisor, LLC (MWIA), a rapidly growing Point-of-Sale Life Insurance distribution agency with locations in Texas, Arizona, Washington, Virginia, and New York, has been acquired by Amerilife Group Holdings, a St. Petersburg, Florida-based insurance brokerage that provides life, annuity, Medicare, individual and other health solutions. All five principals are moving forward with the transaction. MidCap Advisors, LLC (MidCap) served as the exclusive financial advisor to PMA. | Meritage Wealth Insurance Advisors - LLC, AmeriLife Group Holdings - LLC, 4 Jan 2024,Texas- Arizona- Washington- Virginia and New York, Insurance and financial services
EMG Insurance Brokerage (EMG), one of the nation’s oldest and most respected brokerage general agencies (BGA), has been acquired by Omaha-based Senior Market Sales® (SMS), a premier insurance marketing agency. MidCap Advisors, LLC (MidCap) served as the exclusive financial advisor to EMG. EMG, founded in 1972 as a Texas-based brokerage firm, assists financial advisors in navigating the insurance marketplace by locating the right products for their clients. The BGA supports a national network of more than 3,000 agents across all 50 states. The Company offers life insurance plans, critical illness, long-term care, disability, travel, dental insurance as well as annuities, group benefits, life settlements and Affordable Care Act (ACA) plans. SMS represents top Medicare Supplement, Medicare Advantage, annuity, life, long-term care, and travel insurance in all 50 states. The firm was founded in 1982 and joined parent firm Alliant Insurance Services in 2020. | EMG Insurance Brokerage, Senior Market Sales, 01 Sep 2023, Houston - Texas, Insurance & Financial Service
MidCap Advisors is pleased to announce that The ASA Group (“ASA” or the “Company”) a Little Rock, Arkansas based life insurance and life settlement agency was acquired by Senior Market Sales, (“SMS” or the “Buyer”) a firm within Alliant Insurance’s family of companies. Both companies are members of LIBRA and are family owned. MidCap Advisors was the exclusive financial advisor to ASA. The Company offers life insurance, long-term care insurance, disability insurance, and fixed annuities. As a general agency since inception, ASA’s complimentary life settlement practice, Evolved Life Settlements, serves as a prime broker for high-net-worth families. During the past 46 years of operations, ASA has succeeded due to its multi-disciplined approach, its top tier referral partners, and its experienced team. The Company will continue to be led by the 2nd generation Owner, Luke Ramsey, who grew up as a child walking the halls of his father’s agency. Founded in 1982, SMS is headquartered in Omaha, Nebraska and represents top Medicare Supplement, Medicare Advantage, annuity, life, long-term care, and travel insurance carriers in all 50 states. More than 71,000 independent insurance agents rely on SMS for proprietary technology, competitive insurance products, and expert training and service. In 2020, SMS joined the Alliant Insurance Services family of companies. Luke and SMS will leverage opportunities to provide additional services to clients and will grow on a long-term basis through ASA’s highly established life settlement division and through SMS’ distribution footprint. | The ASA Group, Senior Market Sales, 03 Jul 2023, Little Rock - Arkansas, Insurance & Financial Service
The Pavese-McCormick Insurance Agency (PMA), a third-generation multi-line property and casualty agency based in Monmouth Junction, New Jersey, has been acquired by King Insurance, a Gainesville, Florida-based insurance brokerage that provides property and casualty, liability and employee benefit solutions. Currently in its 90th year of operation, PMA provides risk management solutions to commercial and personal lines customers. MidCap Advisors, LLC (MidCap) served as the exclusive financial advisor to PMA. | The Pavese-McCormick Insurance Agency, King Insurance, 01 Jul 2023, Princeton - New Jersey, Insurance & Financial Service
MidCap Advisors is pleased to announce that The Larry Gordon Agency, Inc. (“Larry Gordon” or “LGA” or the “Agency”) has been acquired by EPIC Insurance Brokers and Consultants, Inc. (“EPIC”) via its financial sponsors Harvest Partners and The Carlyle Group. MidCap Advisors was the exclusive financial advisor to LGA. The transaction became effective November 4, 2022. Founded in 1965 as one of the first independent brokerage agencies in the country, LGA pioneered the concept of providing brokers a mix of life insurance products from various carriers. LGA's experienced management team has extensive knowledge in impaired risk evaluation, business insurance solutions, estate planning, and financial planning. As a member of LIBRA Insurance Partners, NAILBA, and NAIFA, LGA can access top-notch research and provide scale that only a few wholesalers can offer. LGA's young leadership team will remain with the company post transaction. They are excited to partner with a company, like EPIC, that has grown in 15 years to become a billion-dollar revenue, PE-backed insurance platform. As an EPIC-owned agency, Larry Gordon will gain access to a larger middle market geographic network in the life, disability, and executive benefits space. | The Larry Gordon Agency Inc., EPIC Insurance Brokers and Consultants Inc., 04 Nov 2022, Illinois, Insurance & Financial Service
MidCap Advisors is pleased to announce that Barbot Insurance Services (“Barbot” or the “Agency”) has been acquired by Acrisure, LLC, a $23 billion dollar insurance and financial technology company. MidCap Advisors was the exclusive financial advisor to Barbot. The Agency primarily places business owner’s policies for California and Nevada 7-Eleven franchises and Barbot will round out accounts via placements including, but not limited to, employment practices liability, directors’ and officers’, and earthquake and flood insurance coverages. | Barbot Insurance Services, Acrisure LLC, 14 Oct 2022, California, Insurance & Financial Services
MidCap Advisors is pleased to announce that Madison Consulting Group, LLC (“Madison” or the “Agency”) has been acquired by Acrisure, LLC, a $23 billion dollar insurance and financial technology company. MidCap Advisors was the exclusive financial advisor to Madison. The Agency is a national employee benefit advisor and investment consulting firm that specializes in small group and large group markets as well as several national labor unions. | Madison Consulting Group LLC, Acrisure LLC, 01 Oct 2022, New York and Florida, Insurance & Financial Services
MidCap Advisors is pleased to announce that Signature Insurance Agency Group, LLC (“Signature”) has been acquired by Acrisure, LLC, a $23 billion dollar insurance and financial technology company. MidCap Advisors was the exclusive financial advisor to Signature. | Signature Insurance Agency Group LLC , Acrisure LLC , 01 Sept 2022, Michigan, Insurance & Financial Services
R. Stephens Financial (“R. Stephens” or the “Agency”) was acquired by Choice Insurance Agency (“Choice”), via its financial sponsor Northlane Capital Partners. The transaction was effective August 23, 2022. MidCap Advisors was the exclusive financial advisor to R. Stephens Financial. The Agency is an employee benefits brokerage that also provides 401K offerings, life insurance, long term care, and disability products. Their group benefits business is placed with top carriers such as Oxford United Healthcare. Choice is a rapidly growing private equity-backed insurance agency that is based in Virginia Beach, Virginia and has 19 offices in 8 states. | R. Stephens Financial, Choice Financial Group, 23 Aug 2022, NJ, Insurance & Financial Service
Georgia Pines Agency (“GPA” or the “Agency”) was acquired by Choice Insurance Agency (“Choice”), via its financial sponsor Northlane Capital Partners. The transaction became effective August 1, 2022. MidCap Advisors was the due diligence provider hired by Choice Financial Group. GPA is a full-service agency with 12 branch locations across the east coast and west coast that provide a variety of mostly personal lines products and some small commercial lines products. Together with their team of 65 people, co-founders Michael Heidelberger and Steven Roy will continue to oversee operations and collaborate with Choice to further its expansion. Choice is a rapidly growing private equity-backed insurance agency that is based in Virginia Beach, Virginia and has 19 offices in 8 states. | Georgia Pines Agency, Choice Financial Group, 01 Aug 2022, FL - NJ - GA and CA, Insurance & Financial Service
MidCap Advisors is pleased to announce that EPIC Insurance Brokers & Consultants (“EPIC”) has acquired Dixon Wells (“DW”), an Alabama-based broker general agency with additional locations in South Carolina, North Carolina, Tennessee, and Ohio. DW specializes in life insurance, long-term care, disability income, and annuity products. The transaction became effective on 05/31/2022. | Dixon Wells, EPIC Insurance Brokers & Consultants , 31 May 2022, Alabama / South Carolina / North Carolina / Tennessee / Ohio, Insurance & Financial Services
MidCap Advisors is pleased to announce that the Simplicity Group (“Simplicity”) has acquired Buckhead Brokerage Group (“BBG”), a Georgia-based broker general agency specializing in life insurance, long-term care, disability income, and annuity products. The transaction became effective on March 31, 2022. The Partner of BBG, Forrest Mitchell, will stay post-acquisition to continue to grow BBG’s offering to banks and wealth management groups. | Buckhead Brokerage Group, The Simplicity Group , 31 Mar 2022, Georgia, Insurance & Financial Services
Peter C. Foy & Associates Insurance Services (“PCF”) has acquired Baltimore, Maryland-based Young Insurance & Financial (“YIF”). The transaction became effective Dec 31, 2021. YIF is a property & casualty insurance agency primarily offering personal lines coverages to their clients in the mid-Atlantic region. YIF was formed in 2000 by Ed Young who has managed and grown the agency since its inception. Ed started his agency from scratch and has been acquisitive over the years, acquiring seven agencies since 2007. Post-transaction Ed will continue to lead the agency and build toward future growth. | Young Insurance & Financial, PCF Insurance Services , 31 Dec 2021, Maryland, Insurance & Financial Services
Peter C. Foy & Associates Insurance Services (“PCF”) has acquired Huntington, Pennsylvania-based The Stern Agency (“TSA”). The transaction became effective Dec 31, 2021. TSA is a property & casualty insurance agency offering both personal and commercial lines coverages to their clients in the mid-Atlantic region. TSA was formed in 2007 by Pamela Stern who has managed and grown the agency since its inception. Over the years, TSA has built a specialty niche in the agriculture and farm space. Post-transaction Pamela will continue to lead the agency and build toward future growth.| The Stern Agency, PCF Insurance Services , 31 Dec 2021, Pennsylvania, Insurance & Financial Services
Peter C. Foy & Associates Insurance Services (“PCF”) has acquired Manassas, Virginia-based The Corrigan Insurance Agency, Inc. (“CIA”). The transaction became effective Dec 31, 2021. CIA is a property & casualty insurance agency providing both personal and commercial lines coverage to their clients in the mid-Atlantic region. CIA was started in 2008 by Leslie Corrigan who has managed and grown the agency since its inception. Leslie has established a strong sales culture within her agency which has enhanced CIA’s profitability. Post-transaction Leslie will continue to lead the agency and build toward future growth. | The Corrigan Insurance Agency, PCF Insurance Services , 31 Dec 2021, Virginia, Insurance & Financial Services
Peter C. Foy & Associates Insurance Services (“PCF”) has acquired Baltimore, Washington-based Marion Miller Associate, Inc. (“MMA”). The transaction became effective Dec 31, 2021. MMA is a property & casualty insurance agency providing both personal and commercial lines coverage to their clients in the mid-Atlantic region. MMA was founded in 2000 by Marion Miller who has managed and grown the agency since its inception. Over the past 5 years Marion’s sons, Zach and EJ, Have joined her in leading the agency and building out their P&C capabilities. Post-transaction Marion will continue to lead the agency and build toward future growth. | Marion Miller & Associates, PCF Insurance Services , 31 Dec 2021, Maryland, Insurance & Financial Services
Peter C. Foy & Associates Insurance Services (“PCF”) has acquired Baltimore, Maryland-based EZ Insurance Group, dba GEBCO (“EZ”). The transaction became effective Dec 31, 2021. EZ is a property & casualty insurance agency primarily offering personal lines coverages to their clients in the mid-Atlantic region. EZ was formed in 1974 by Ed Young who has managed and grown the agency since its inception. Post-transaction Ed will continue to lead the agency and build toward future growth.| EZ Insurance Group - dba GEBCO, PCF Insurance Services , 31 Dec 2021, Maryland, Insurance & Financial Services
Peter C. Foy & Associates Insurance Services (“PCF”) has acquired Elkton, Maryland-based Daniel Corrigan Insurance (“DCI”). The transaction became effective Dec 31, 2021. DCI is a property & casualty insurance agency primarily offering personal lines coverages to their clients in the mid-Atlantic region. DCI was formed in 2003 by Daniel Corrigan who has managed and grown the agency since its inception. Post-transaction Daniel will continue to lead the agency and build toward future growth. | Daniel Corrigan Insurance Agency, PCF Insurance Services , 31 Dec 2021, Maryland, Insurance & Financial Services
ClickEnroll provides targeted benefit enrollment with time savings benefit administration. By incorporating a combination of artificial intelligence, analytics and enrollment technology, the ClickEnroll intelligent ecosystem provides a simple and unique experience resulting in reduced acquisition costs, increased participation and simplified enrollment. | ClickEnroll, MidCap Equity Partners, 7 Dec 2021, New Jersey, Insurance & Financial Services
Risk Strategies Corp. (“RSC”) has acquired Springfield, New Jersey-based KRA Insurance Agency, Inc. (“KRA”). The transaction became effective November 1, 2021. KRA is a multi-line insurance agency providing commercial and personal P&C coverage as well as individual and employee benefits insurance. KRA has expertise in a variety of niches including; Professional Liability, Construction, Hospitality, and High Net Worth Personal Lines. KRA was founded over fifty years ago by Mike Rekoon whose guidance helped grow the agency to become a leader in the region. Over the past decade KRA had elevated several key employees to shareholders and these five partners will continue to the lead agency post-transaction in partnership with Risk Strategies. | KRA Insurance Agency Inc, Risk Strategies Corp, 1 Nov 2021, Springfield- New Jersey, Insurance & Financial Services
Hub International (“Hub”) has acquired Woburn, Massachusetts-based Tanna Insurance, Inc. (“Tanna”). The transaction became effective November 1, 2021. Tanna is a property & casualty insurance agency primarily serving a variety of commercial clients throughout the United States. Tanna was founded over ten years ago by Dinesh Tanna who wanted to lead an agency after years of experience in the industry. Dinesh and his team will continue post-transaction and build toward future growth alongside Hub. | Tanna Insurance Inc, HUB International, 1 Nov 2021, Massachusetts, Insurance & Financial Services
Acrisure, LLC (“Acrisure”) has acquired Mt. Pleasant, South Carolina-based Atlantic Shield Insurance Group (“Atlantic Shield”). The transaction became effective October 1, 2021. Atlantic Shield is a property & casualty insurance agency providing insurance solutions to personal and commercial clients in the southeast. Atlantic Shield was founded in 2004 by Erik Loesch and Hill Shaw. Since inception, both Erik and Hill have successfully helped the agency grow and prosper. Post-transaction Erik and Hill will lead the agency and build toward future growth. | Atlantic Shield Insurance Group, Acrisure LLC, 1 Oct 2021, Mt. Pleasant- South Carolina, Insurance & Financial Services
Summit Risk Advisors, LLC (“Summit”) has acquired Mt. Pleasant, South Carolina-based Mappus Insurance Agency, Inc. (“Mappus”). The transaction became effective September 1, 2021. Mappus is a property & casualty insurance agency providing insurance solutions to personal and commercial clients in the southeast. Mappus was founded in 1960 and has been recently owned and operated by Andrew E. Muller. Post-transaction Andrew will lead the agency and build toward future growth. | Mappus Insurance Agency Inc., Summit Risk Advisors, 1 Sep 2021, Mt. Pleasant- South Carolina, Insurance & Financial Services
Hub International, backed by Hellman & Friedman, acquired Scottsdale Arizona-based EPG Insurance, LLC. The transaction became effective October 1, 2021. Established in 2016 through the merger of Eaton & Associates and Provident Group, EPG is a multi-line property & casualty insurance brokerage firm with a focus in commercial markets. EPG looks forward to continued growth and excellence with its new partner, Hub International. EPG’s principal owners, Tim Schmidt, Jeff Schmidt, and Greg Budiac, will continue to lead the business leveraging the resources of the expanding Southwest Region of Hub. | EPG Insurance LLC, HUB International, 1 Oct 2021, Scottsdale - Arizona, Insurance & Financial Services
Simplicity Group acquired New Jersey-based Algren Associates Inc. The transaction became effective October 1, 2021. Established in 1960 and purchased by Doug Mishkin in 2006, Algren provides the insurance community with creative solutions focused on complex life insurance coverage. Algren looks forward to continued growth and excellence with its new partner, Simplicity. Doug Mishkin will continue to lead the business | Algren Associates Inc, Simplicity Group Holdings, 1 Oct 2021, Red Bank - New Jersey, Insurance & Financial Services
| A-Affordable Insurance Agency, Acrisure, 1 Sep 2021, Massachusetts, Insurance & Financial Services
| Centric Acturial Solutions, Risk Strategies, 3 Aug 2021, Overland Park - Kansas, Insurance & Financial Services
| Montgomery & Graham Inc, PCF, June 2021, Lake Oswego - Oregon, Insurance & Financial Services
The Hilb Group (Hilb) acquired Massachusetts-based MillBrook Benefits & Insurance Services, LLC (MillBrook), which will expand Hilb's presence in New England. The transaction became effective July 28th, 2021. Established in 2002, MillBrook provides employers with the design, implementation, and management of employee benefits and other programs to help companies retain talent. MillBrook's founder Pete Miller will continue to lead the business and work with Hilb to grow its presence in the New England area and nationwide. | MillBrook Benefits & Insurance Services LLC., The Hilb Group, 28 Jul 2021, Longmeadow - Massachusetts, Insurance & Financial Services
The Hilb Group (“Hilb”), backed by The Carlyle Group, has acquired Mechanicsville, Virginia-based Easley Hedrick Insurance & Financial (“Easley Hedrick”). The transaction became effective July 1, 2021. Easley Hedrick is a multi-line insurance agency, providing a broad range of offerings for its clients. Agency Principals Suter Easley and Brandon Hedrick, and their team of insurance professionals, will be joining Hilb Group’s Mid-Atlantic regional operations. | Easley Hedrick Insurance & Financial, The Hilb Group, 01 Jul 2021, Virginia, Insurance & Financial Services
The Hilb Group (“Hilb”), backed by The Carlyle Group, has acquired Virginia Beach, Virginia-based Mayo Insurance (“Mayo”) and Williamsburg Insurance Agency, LLC (
The Hilb Group (“Hilb”), backed by The Carlyle Group, has acquired Roanoke, Virginia-based Ryan Harris Insurance & Financial Services (“Ryan Harris”). The transaction became effective July 1, 2021. Ryan Harris is a multi-line insurance agency, providing a broad range of offerings for its clients. Agency Principal Ryan Harris, and his team of insurance professionals, will be joining Hilb Group’s Mid-Atlantic regional operations. | Ryan Harris Insurance & Financial Services, The Hilb Group, 01 Jul 2021, Virginia, Insurance & Financial Services
The Hilb Group (“Hilb”), backed by The Carlyle Group, has acquired Manassas, Virginia-based Harvey Insurance Agency (“HIA”). The transaction became effective July 1, 2021. HIA is a multi-line insurance agency, providing a broad range of offerings for its clients. Agency Principal William Harvey Jr., and his team of insurance professionals, will be joining Hilb Group’s Mid-Atlantic regional operation | Harvey Insurance Agency, The Hilb Group, 01 Jul 2021, Virginia, Insurance & Financial Services
The Hilb Group (“Hilb”), backed by The Carlyle Group, has acquired Manassas, Virginia-based Ghaphery Insurance. The transaction became effective July 1, 2021. Ghaphery Insurance is a multi-line insurance agency, providing a broad range of offerings for its clients. Agency Principal Keith Ghaphery, and his team of insurance professionals, will be joining Hilb Group’s Mid-Atlantic regional operations. | Ghaphery Insurance, The Hilb Group, 01 Jul 2021, Virginia, Insurance & Financial Services
The Hilb Group (“Hilb”), backed by The Carlyle Group, has acquired Richmond, Virginia-based Ronnie Shriner Insurance Agency. The transaction became effective July 1, 2021. Ronnie Shriner Insurance Agency is a multi-line insurance agency providing a broad range of offerings for its clients. Agency Principal Ronnie Shriner, and his team of insurance professionals, will be joining Hilb Group’s Mid-Atlantic regional operations. | Ronnie Shriner Insurance Agency, The Hilb Group, 01 Jul 2021, Virginia, Insurance & Financial Services
The Hilb Group (“Hilb”), backed by The Carlyle Group, has acquired Burke, Virginia-based Braddon Insurance Advisors. The transaction became effective July 1, 2021. Braddon Insurance Advisors is a multi-line insurance agency providing a broad range of offerings for its clients. Agency Principal Jack Braddon, and his team of insurance professionals, will be joining Hilb Group’s Mid-Atlantic regional operations. | Braddon Insurance Advisors, The Hilb Group, 01 Jul 2021, Virginia, Insurance & Financial Services
| Clarus Benefits Group LLC, The Hilb Group, 22 Apr 2021, Houston - Texas, Insurance & Financial Services
Simplicity Group acquired New Jersey-based American Financial Network, LLC (AFN). The transaction became effective April 6, 2021. Established in 2001, AFN provides the insurance community with unique distribution solutions focused on annuities and life insurance coverage. AFN looks forward to continued growth and excellence with their new partner Simplicity. AFN’s founder Gregory E. Nemec and his son, Gregory A. Nemec will continue to lead the business. | American Financial Network LLC., Simplicity Group Holdings, 06 Apr 2021, Parsippany - New Jersey, Insurance & Financial Services
PCF Insurance (“PCF”) has acquired The Peterman Group (“TPG”), a Montgomeryville, Pennsylvania-based Limited Liability Company. The transaction became effective March 1, 2021. TPG, a third generation, family owned, full-service insurance brokerage firm was founded by Howard R. Peterman, Jr over 80 years ago. TPG is one of the most experienced multi-line property & casualty and employee benefits agencies in Montgomeryville with a niche dentist protection program. Serving some of the region’s finest businesses, TPG is led by Todd Peterman, John Peterman, and Michael MacNeal. | The Peterman Group, PCF Insurance, 01 Mar 2021, Pennsylvania, Insurance & Financial Services
TriSpan LLP (“TriSpan”) has acquired Melville, NY-based Prestige Employee Administrators, Inc. (“Prestige”) forging a strong partnership with the company’s founders and management team. The transaction became effective December 31st, 2020. Established in 1998, Prestige has established a proven track record in providing small and mid-size businesses (SMBs) a turnkey solution for managing all aspects of their human resources (HR) functions. This partnership will help take Prestige to its goal of becoming one of the nation’s leading PEO. TriSpan is a private equity firm that is committed to drive growth and performance by bringing deep operational and financial resources to bear in each of its investments. MidCap acted as advisor to Prestige in the transaction. | Prestige Employee Administrators Inc., TriSpan LLP, 31 Dec 2020, Melville - NY, Manufacturing & Business Services
Constellation Affiliated Partners (Constellation) has acquired Jacksonville, Florida-based Trinity Transportation Services, LLC (Trinity) and Raleigh, North Carolina-based Global Claims Services, Inc. (Global). The transaction became effective November 3, 2020. Trinity was founded in 2004 and is a leading managing general agent in the towing and recovery insurance space. This program offers Commercial Auto, General Liability, Property, Inland Marine and Excess/Umbrella coverages for towing and recovery operations and vehicles. Global is a property and casualty third party administrator founded in 1999 that exclusively handles claims for Trinity. MidCap served as advisor to Trinity and Global. | Trinity Transportation Services LLC & Global Claims Services Inc., Constellation Affiliated Partners, 03 Nov 2020, Florida & North Carolina, Insurance & Financial Services
Acrisure, LLC (Acrisure) has acquired Sequim, Washington-based Castell Insurance, Inc. (Castell). The transaction became effective November 1, 2020. Castell is a multi-line insurance agency providing both Medicare and property & casualty insurance to clients in northwest Washington. Castell was founded over fifteen years ago by Phil Castell who has managed and grown the agency since its inception. Over the past decade Phil’s son, James, has joined him in leading the agency and building out their P&C capabilities. Post-transaction James will lead the agency and build toward future growth. | Castell Insurance Inc., Acrisure LLC, 01 Nov 2020, Washington, Insurance & Financial Services
Hub International Mid-Atlantic (Hub) has acquired Springfield, Virginia-based Olson Insurance Agency, and affiliated Your Insurance Brokerage. (together, Olson). The transaction became effective on November 1, 2020. Olson is a property and casualty insurance agency providing personal and commercial lines insurance to clients in the Metro D.C area and throughout the state of Virginia. Olson was previously part of Nationwide Mutual Insurance Company’s exclusive distribution model and recently transitioned to an independent model under the leadership of Max Olson. Max is the 14th member of his family to work with Nationwide, and he will continue to lead operations post-closing. Max has successfully transitioned several other Nationwide agencies and plans to continue to lead these efforts in partnership with Hub. The first follows the acquisition, Insure All LLC (Insure All), which was closed simultaneously with Olson. MidCap provided guidance to both Olson and Insure All. | Olson Insurance Agency LLC & Your Insurance Brokerage LLC, Hub International Ltd., 01 Nov 2020, Virginia, Insurance & Financial Services
Hub International Mid-Atlantic, Inc. (Hub) has acquired Stanley, Virginia-based Insure All, LLC (Insure All). The transaction became effective November 1, 2020. Insure All is a property and casualty insurance agency providing personal and commercial lines insurance to clients throughout the state of Virginia. Insure All was previously part of Nationwide Mutual Insurance Company’s exclusive distribution model and recently transitioned to an independent model. Insure All will join Olson Insurance Agency helping to add to Hub’s growing presence in Northern Virginia. MidCap provided guidance to both Olson and Insure All. | Insure All LLC, Hub International Ltd., 01 Nov 2020, Virginia, Insurance & Financial Services
Peter C. Foy & Associates Insurance Services (PCF) has acquired Chestertown, Maryland-based Dukes-Moore Insurance Agency, Inc. (Dukes-Moore). The transaction became effective October 9, 2020. Dukes-Moore is a multi-line insurance agency providing personal and commercial lines insurance as well as group benefits to clients throughout the state of Maryland. Dukes-Moore has been a leading provider of insurance services to Marylanders since 1931, and has successfully grown under the stewardship of Michael and Wendy Moore since 1998. The Moores will continue to run and operate the business post-transaction. | Dukes-Moore Insurance Agency Inc., PCF Insurance Services , 09 Oct 2020, Maryland, Insurance & Financial Services
Risk Strategies Company, backed by Kelso Private Equity, acquired long island-based FBA National, LLC (FBA). The transaction became effective October 1, 2020. FBA National is an insurance agency with a primary focus on tailoring employee benefit packages for clients complying with wage parity, living wage, and similar requirements such as prevailing wage. Established in 2012, FBA experienced tremendous growth and became the market leader in the New York home healthcare sector. FBA looks forward to continued growth and excellence with their new partner Risk Strategies. FBA’s three founding partners; William Squires, John Kuveikis, and Matthew Bryant will continue to lead the business. | FBA National LLC., Risk Strategies Company (Kelso Private Equity), 1 Oct 2020, Long Island, Insurance & Financial Services
The Barnstable County Mutual Insurance Company, Inc acquired Provincetown, Massachusetts-based Benson Young & Downs Insurance Agency, Inc (“BY&D”). The transaction became effective September 1, 2020. BY&D is a property & casualty insurance agency primarily providing personal lines insurance to real estate owners throughout Cape Cod. BY&D has been serving the insurance needs of Cape Codders since 1902 and is proud to continue their “client first” tradition going forward with The Barnstable. BY&D will remain an independent agency and continue to be led by current President, Paul Silva. | Benson Young & Downs Insurance Agency Inc, The Barnstable County Mutual Insurance Company Inc, 1 Sep 2020, Massachusetts , Insurance & Financial Services
Gus Bates Insurance & Investments (“Gus Bates” or the “Company”) is an agency that offers an array of services which includes P&C, L&H, and financial services like wealth management, life insurance, LTC, and Medicare planning. The Company started with financial services offerings and evolved into insurance during 2010. MidCap Advisors was the exclusive financial due diligence provider to HUB International in their acquisition of Gus Bates. | Gus Bates Insurance & Investments, HUB International, 09 July 2020, Texas, Insurance & Financial Service
| Weaver Bros. Insurance Associates, Risk Strategies, Jan 2020, Bethesda - Maryland , Insurance & Financial Services
The Hilb Group, LLC acquired Massachusetts-based Gould & Naimoli Partners, LLC/G&N Insurance (“G&N”). The transaction became effective November 1, 2019. G&N is a property & casualty insurance agency primarily providing personal lines insurance to real estate owners in the New England area. Founded in 2010 by agency leaders, Zack Gould and Matt Naimoli, G&N was recognized as one of the fastest growing private companies by Inc. Magazine for the past three years. G&N will continue to operate out of its Southborough, Massachusetts location under the leadership of Gould and Naimoli. | G&N Insurance, The Hilb Group, 1 Nov 2019, Massachusetts, Insurance & Financial Services
| Washington Financial Group, HUB, Sep 2019, McLean - Virginia, Insurance & Financial Services
Bedrick-Kaitz Agency Inc. (BKA) is a New York City-based firm focused on helping high-net-worth individuals and businesses throughout the country protect their assets. BKA is run by CEO Michael Rosenberg, who acquired the firm from one of its original founders, Donald Kaitz, shortly after joining the company in the 1980’s. The firm specializes in placing coverage for extremely high value and specialty vehicles including; Ferrari’s, Lamborghini’s, Koenigsegg’s, and Bugatti’s. | Bedrick-Kaitz Agency Inc., Risk Strategies Corp., 1 Aug 2019, New York, Insurance & Financial Services
Krauter & Company LLC is a leading specialty firm focused on the risk and insurance needs of private equity firms and their portfolio companies nationwide. Founded in 2004 and headquartered in New York City, Krauter & Company counts more than 185 private equity firms and thousands of portfolio companies among its client base. The company’s staff, numbering over 70 nationally and averaging over 25 years in the insurance business, is well known for its experience, depth, and proficiency in working with private equity firms. Beyond its New York City headquarters, Krauter & Company maintains eight additional offices throughout the United States, including Chicago, San Francisco, Los Angeles, Houston, and Boston. | Krauter & Company LLC, Risk Strategies Corp., 15 Feb 2019, New York, Insurance & Financial Services
Hub International Limited has acquired The TAMRAC Group (TAMRAC). Headquartered in Hunt Valley, Maryland, TAMRAC specializes in personal insurance and commercial insurance. TAMRAC provides insurance solutions for businesses in the automobile service and repair, cannabis, food and hospitality industries. This was one of several follow on acquisitions in Maryland after MidCap assisted in the sale of Rossman Hurt & Hoffman to Hub in 2017. | Tamrac, HUB International, 1 Nov 2018, Maryland, Insurance & Financial Services
| Lenders Risk Services/Solutions, NFP, Nov 2018, Towson - Maryland, Insurance & Financial Services
| Southern Maryland Insurance Inc., The Hilb Group, 1 July 2018, Maryland, Insurance & Financial Services
| Flather & Perkins, HUB, June 2018, Washington D.C., Insurance & Financial Services
| Zenith Marketing Group, Ash Brokerage, 30 Mar 2018, New Jersey, Insurance & Financial Services
NFP, a leading insurance broker and consultant that provides employee benefits, property & casualty (P&C), retirement and individual private client solutions, has acquired Insurance Management Group, Inc. (IMG). The transaction closed on February 1, 2018. Based in Ocean City, Maryland, IMG specializes in both commercial and personal lines P&C and offers coastal condominium risk expertise to clients. Principal of the firm, Reese Cropper, III, will join the NFP P&C division as a senior vice president, reporting to Denny Mears, a managing director in NFP's P&C division.|Insurance Management Group , NFP Corp., 1 Feb 2018, Maryland, Insurance & Financial Services
Hub International Limited, a leading global insurance brokerage, through its subsidiary Hub International Mid-Atlantic, Inc. has acquired the assets of Contractor’s Services, Inc. (CSI) and Surety Services, LLC (SS), both Maryland based insurance brokerages. CSI and SS are leading providers of surety bond services to contractor’s in the Mid-Atlantic region. CSI and SS join several other agencies who were recently acquired by Hub in the region and will report to Norman Breitenbach, President of Hub Mid-Atlantic. MidCap has served as advisor to four of the agencies Hub has acquired in the area.| CSI Bonds, HUB International, 1 Dec 2017, Maryland, Insurance & Financial Services
Maritime Insurance International, Inc (MII), a rapidly growing marine specialist insurance broker and consultant has acquired Maritime Insurance Services, Inc. (MIS). David Morrow of MIS will deepen the existing expertise while benefiting from the additional resources and solutions available through MII. The transaction closed on December, 21, 2017. Principal of the firm, David Morrow, will continue with MII as a Marine Producer. | Maritime Insurance Services, Maritime Insurance International, 21 Dec 2017, Maryland, Insurance & Financial Services
Hub International Limited, a leading global insurance brokerage, through its subsidiary Hub International Mid-Atlantic, Inc. has acquired the assets of Contractor’s Services, Inc. (CSI) and Surety Services, LLC (SS), both Maryland based insurance brokerages. CSI and SS are leading providers of surety bond services to contractor’s in the Mid-Atlantic region. CSI and SS join several other agencies who were recently acquired by Hub in the region and will report to Norman Breitenbach, President of Hub Mid-Atlantic. MidCap has served as advisor to four of the agencies Hub has acquired in the area.| CSI Bonds, HUB International, 1 Dec 2017, Maryland, Insurance & Financial Services
BeneFix is a leading software provider for health benefits insurance brokers. It maintains a platform that simplifies the process for brokers to find and gather quotes from insurance providers. | Benefix, MidCap Equity Partners, 14 Nov 2017, Pennsylvania, Insurance & Financial Services
Hub International Limited, a leading global insurance brokerage, through its subsidiary Hub International Mid-Atlantic, Inc. has acquired the assets of Henry M. Murray, Inc. (HMM), a Maryland based insurance brokerage. HMM is a leading provider of marine property and casualty insurance in the Mid-Atlantic region. HMM joins the team at Rossmann-Hurt-Hoffman who was also recently acquired by Hub. MidCap served as advisor to both HMM and RHH.| Henry M. Murray Agency Inc., HUB International, 1 Jun 2017, Maryland, Insurance & Financial Services
Acrisure, LLC. has acquired substantially all of the assets of Insurance Management and Consulting, LLC (IMAC), an independent agency based in Belleville, NJ. IMAC, led by Joseph Maurillo, specializes in providing group benefit insurance for public sector clients throughout New Jersey. Joe and his team are excited to partner with Acrisure and leverage their property and casualty expertise for IMAC's clients. MidCap served as advisor to IMAC.| Insurance Management and Consulting LLC, Acrisure, 1 Jun 2017, New Jersey, Insurance & Financial Services
Hub International Limited, a leading global insurance brokerage, through its subsidiary Hub International Northeast Limited has acquired the stock of Rossmann-Hurt-Hoffman, Inc. (RHH), a Maryland based insurance brokerage. RHH is a leading provider of Professional Liability insurance in the Mid-Atlantic region and is a full service broker offering both P&C and Employee Benefits expertise to its clients. RHH will become the Mid-Atlantic platform for Hub and expects to complete additional acqusitions in the near term. MidCap served as advisor to RHH. | Rossmann-Hurt-Hoffman Inc., HUB International, 1 May 2017, Maryland, Insurance & Financial Services
| POMCO, United Healthcare, 3 Apr 2017, New York, Insurance & Financial Services
UGP was founded in 1968 and is both a Third-Party Administrator (TPA) and Managing General Agent (MGA) of healthcare benefits. The Company offers specialty products and services that are sold through an extensive broker network to small and mid-sized businesses. The primary insurance products offered by the Company include gap, limited medical, minimum essential coverage and self-funded major medical. UGP maintains operations in Newtown, PA, and Boca Raton, FL. Gemspring Capital, LLC, is a Westport, Connecticut-based private equity firm with $350 million under management that focuses on making control equity investments and structured equity investments in lower middle market companies. MidCap advised United Group Programs, Inc. | United Group Programs Inc, Gemspring Capital Partners, 16 Dec 2016, Florida, Insurance & Financial Services
AssuredPartners, Inc. acquired substantially all of the assets of Suydam Insurance, an independent agency based in Somerset, NJ. Suydam Insurance has provided business and personal insurance to clients in the greater New Jersey area since its founding 1879. MidCap served as advisor to Suydam. | Suydam Insurance, AssuredPartners, 12 Jan 2016, New Jersey, Insurance & Financial Services
Brown & Brown of Connecticut Inc. acquired substantially all of the assets of Smith Insurance, an independent agency based in Niantic, CT. Smith Insurance has provided personal lines and commercial insurance services in Connecticut and Rhode Island for over 75 years. MidCap served as advisor to Smith Insurance.| Smith Insurance, Brown & Brown Insurance, 11 Dec 2015, Connecticut, Insurance & Financial Services
AssuredPartners of New Jersey, a subsidiary of AssuredPartners, Inc. acquired Moscker Insurance Agency, Inc. (Moscker), an independent agency based in Severna Park, MD and founded in 1992. Moscker is a full service agency specializing in coverage for individuals, businesses, and life and health insurance products. MidCap served as advisor to Moscker.| Moscker Insurance, AssuredPartners, 23 Sep 2015, Maryland Insurance & Financial Services
AssuredPartners, Inc. acquired Platinum Planning, Inc., dba Walsh Benefits. Walsh Benefits is a full service employee benefits broker specializing in group and voluntary benefit product offerings. Walsh Benefits operates in the New Jersey cities of Fair Haven and Cranford under the leadership of Paul Walsh, president and Maryellen Walsh, co-founder and vice president. MidCap served as advisor to Walsh Benefits. | Walsh Benefits , AssuredPartners, 26 Mar 2015, New Jersey, Insurance & Financial Services
AssuredPartners Inc. has acquired Amtech Insurance Brokers in Latham, New York. Amtech has been providing commercial insurance and risk management services for business for more than 20 years. The company has expertise in providing insurance solutions for the construction, welding supply, and compressed gas industries. MidCap served as advisor to Amtech.| Amtech Insurance Brokers, AssuredPartners, 9 Feb 2015, New York, Insurance & Financial Services
Hub International Limited, a leading global insurance brokerage, through its subsidiary Hub International Northeast Limited has acquired the assets of MMZ Associates, Inc. (MMZ), a Westchester County, NY based brokerage. MMZ is a multi-line property and casualty insurance and risk management firm providing services to clients on a national scope. MidCap served as advisor to MMZ. | MMZ Associates, Hub International, 2 Jan 2015, New York, Insurance & Financial Services
Hub International Limited, a leading global insurance brokerage, through its subsidiary Hub International Northeast Limited has acquired the stock of Fotek Insurance Agency, Inc. (Fotek), a New Jersey based employee benefits brokerage. Fotek is a full service employee benefits broker with expertise in strategic benefits planning, population health management, and healthcare reform guidance. MidCap served as advisor to Fotek. | Fotek Insurance Agency, Hub International, 6 Nov 2014, New Jersey, Insurance & Financial Services
AssuredPartners, Inc. acquired substantially all of the assets of Lucantha Marine Insurance, an independent retail and wholesale agency based in New Gloucester, ME. Formerly the Maine Division of International Special Risks, Inc., Lucantha Marine Insurance specializes in placing marine and yacht insurance lines with the best marine insurance companies nationally. MidCap served as advisor to Lucantha. | Lucantha (ISR Yacht), AssuredPartners, 8 Aug 2014, Maine, Insurance & Financial Services
Hub International Limited, a leading global insurance brokerage, through its subsidiary FNA Insurance Services, Inc. has acquired the assets of the First National Administrators group of companies (FNA), a New Hyde Park, NY based employee benefits general insurance agency. Founded in 1974, FNA is a full service general agent and employee benefit consultant, currently providing a network of over 5,000 retail agents and brokers with comprehensive employer group insurance consulting, compliance, and billing/administrative services. MidCap served as advisor to FNA.| First National Administrators, Hub International, 4 Mar 2014, New Jersey, Insurance & Financial Services
Hub International Limited, a leading global insurance brokerage, through its subsidiary Hub International New England acquired the majority assets of International Special Risks, Inc. (ISR), a Massachusetts & Virginia based brokerage. ISR is the largest marine insurance intermediary on the East Coast and has been serving agents across the country for more than 25 years. MidCap served as advisor to ISR. Subsequently, MidCap advised on the sale of the remaining assets of ISR, namely, Lucantha Marine Insurance. | International Special Risks, Hub International, 26 Nov 2013, Massachusetts, Insurance & Financial Services
LoanLogics raised $11.2 million in funding from Boston-based growth equity firm Volition Capital and existing investors. The Fort Washington, PA -based mortgage technology company plans to use the funds to grow its customer base and improve its enterprise loan quality and performance analytics software. LoanLogics was formed by the merger of NYLX, Inc. and Aklero Risk Analytics, Inc. MidCap arranged the merger and served as advisor on the subsequent capital raise. | Loan Logics, Volition Capital, 3 Jun 2013, Pennsylvania, Insurance & Financial Services
Scottish American Capital, an investment fund focused on insurance distribution businesses, acquired Buckingham Badler Associates (BBA), a New York City-based full service general insurance agency. Founded in 1973, BBA is a full service managing general agency offering commercial and personal insurance as well as other financial services. MidCap served as advisor to BBA. | Buckingham Badler Associates General Agents, Scottish American, 27 Dec 2012, New York, Insurance & Financial Services
Dawson Companies, one of the largest insurance brokers in Ohio, acquired Quality Benefits Agency, Inc. (QBA). QBA, based in Cleveland, strengthens the benefits division at Dawson, one of the Company's fastest growing divisions. MidCap served as advisor to Dawson in the transaction. | Dawson Companies, Quality Benefits Agency, 1 Dec 2011, Ohio, Insurance & Financial Services
Hub International Limited, a leading global insurance brokerage, through its subsidiary Hub International New England, acquired the assets of William Palumbo Insurance Agency (Palumbo), a Massachusetts-based insurance brokerage firm. Founded in 1932, Palumbo is a full service brokerage offering property and casualty, personal lines, employee benefits, life insurance and other financial services throughout Massachusetts and Rhode Island. The company operated out of six offices in Eastern and Central Massachusetts. MidCap served as advisor to Palumbo. | William Palumbo Insurance Agency, Hub International, 1 Sep 2011, Massachusetts, Insurance & Financial Services
MidCap served as advisor to D.H. Evans Associates, Inc. (DHE), a Pennsylvania-based third party administrator, in their strategic sale to Commerce Benefits Group, a Ohio-based administrator. | D.H. Evans Associates Inc., Commerce Benefits Group Inc., 24 Mar 2011, Pennsylvania, Insurance & Financial Services
Modern Holdings, Inc. a diversified holding company, acquired a majority stake in Specialty Claims Management (SCM), a third party administrator. Based in Secaucus, NJ SCM is a leading national provider of risk and claims management services for insurers, reinsurers and self-insureds in the property and casualty sector. MidCap served as advisor to SCM. | Specialty Claims Management, Modern Holdings Inc, 19 Jul 2010, New Jersey, Insurance & Financial Services
Dawson Companies, one of the largest independent insurance brokers in Ohio, acquired Quality Benefits Agency, Inc. (QBA). QBA, based in Cleveland, strengthens the benefits division at Dawson as they look to take their full service agency to the next level. MidCap served as advisor to Dawson Companies. | Quality Benefits Agency Inc, Dawson Companies, 1 Dec 2009, Ohio, Insurance & Financial Services
| YS Liedman & Associates, Arthur J. Gallagher & Co., 12 May 2006, Florida, Insurance & Financial Services
York Insurance Services Group, a leading property and casualty thrid party administrator and program manager, was sold to Odyssey Invesment Partners and management. MidCap advised York in the sale transaction. | York Insurance Services Group, Odyssey Investment Partners LLC, 1 Apr 2006, New Jersey, Insurance & Financial Services
| Accurate Agency, DCAP, 1 Feb 2006, New York, Insurance & Financial Services
|IPA LLC, Affirmative Insurance Services, 20 June 2005, Michigan, Insurance & Financial Services
| The McDuffee Insurance Agency, Brown & Brown Insurance, 1 Jan 2004, Massachusetts, Insurance & Financial Services
| GRI, Brown & Brown Insurance, 1 Jan 2000, - , Insurance & Financial Services
| The Mechanic Group, -, 1 Jan 2000, New York, Healthcare Services
| Acushnet Insurance Agency Inc., Kaplansky Insurance, 1 Jan 2000, Massachusetts, Insurance & Financial Services
| Acushnet Insurance Agency Inc., Kaplansky Insurance, 1 Jan 2000, Massachusetts, Insurance & Financial Services
| Martin Insurance Agency Inc, Brooke Insurance, 1 Jan 2000, , Insurance & Financial Services