BUYER DISCOVERY
Who buys insurance agency?
13 disclosed insurance agencyacquisitions analyzed — the active strategic and private equity buyers, how often each one buys, and their most recent named deals. Sourced from SEC filings and verified M&A press releases.
Quick answers
- How many disclosed transactions?
- 13 disclosed insurance agency acquisitions with a named acquirer.
- Most active buyers
- WTW (Willis Towers Watson) (1) · Ryan Specialty (1) · Marsh McLennan (1) · BRP Group (The Baldwin Group) (1) · Bain Capital (led $2.1B funding round) (1) · Leonard Green & Partners / Hellman & Friedman (minority investment) (1)
- What would these buyers pay for my business?
- Run the ExitValue.ai calculator to price your insurance agency against these 13 disclosed transactions. The engine surfaces what each buyer pool pays for your size, margin, and growth profile.
Top strategic buyers
Operators, larger competitors, and corporate consolidators acquiring insurance agency businesses for synergy and capability fill.
| Acquirer | Deals | Median deal size | Recent targets |
|---|---|---|---|
| WTW (Willis Towers Watson) | 1 | $1.1B | Newfront Insurance (2026) |
| Ryan Specialty | 1 | $525M | Velocity Risk Underwriters, LLC (2025) |
| Marsh McLennan | 1 | $7.8B | McGriff Insurance Services (2024) |
| BRP Group (The Baldwin Group) | 1 | $385M | Westwood Insurance Agency (2022) |
Top private equity buyers
Private equity firms and PE-backed platforms rolling up insurance agency businesses. Platform-tier buyers typically pay up for scale, clean financials, and a management layer that survives integration.
| Acquirer | Deals | Median deal size | Recent targets |
|---|---|---|---|
| Bain Capital (led $2.1B funding round) | 1 | $2.1B | Acrisure (Capital Raise) (2025) |
| Leonard Green & Partners / Hellman & Friedman (minority investment) | 1 | $1.6B | Hub International (Minority Investment) (2025) |
| GI Partners / Summit Partners / Morgan Stanley | 1 | $500M | Patriot Growth Insurance Services (Capital Raise) (2024) |
| Stone Point Capital / Clayton, Dubilier & Rice / Mubadala | 1 | $15.5B | Truist Insurance Holdings (TIH) (2024) |
| Abu Dhabi Investment Authority (led $725M equity funding) | 1 | $725M | Acrisure (2023 Capital Raise) (2023) |
| Stone Point Capital (minority stake) | 1 | $1.9B | Truist Insurance Holdings (Minority Stake) (2023) |
| Goldman Sachs Asset Management / Charlesbank Capital Partners | 1 | $1.0B | World Insurance Associates (Investment) (2023) |
| Carlyle Global Credit / HGGC | 1 | $500M | PCF Insurance Services (Preferred Equity Investment) (2022) |
| PCF Management (Management-led buyout from HGGC) | 1 | $2.2B | PCF Insurance Services (2021) |
Recent M&A activity
Disclosed insurance agency acquisitions by year.
Methodology note
Acquirer activity reflects disclosed M&A transactions in the ExitValue.ai database, filtered to insurance agency businesses with a named acquirer. Counts include deals with disclosed financials only — total transaction volume in this segment is typically 2–3x larger. The valuation engine reveals what each buyer pool pays for your specific business when you run the calculator. Full methodology
What's your insurance agency worth to these acquirers?
12-input M&A-grade workup with sellability score, named comparable deals, and AI-written commentary. 2 minutes.
- ✓Sellability score with 5-driver breakdown and lift estimates
- ✓Named comparable M&A transactions in your sub-vertical
- ✓AI-written analysis grounded in your specific inputs
Engine-grounded estimate. Comparable named deals on the full results page.
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