MarshBerry: Mergers & Acquisitions — Up Slightly in 2025
Published April 14, 2026 at 1:24 PM · News Releases and Bulletins
MarshBerry’s tracking of insurance brokerage mergers and acquisitions found in 2025 there were 854. That’s up slightly from the 847 in 2024. The company also looked at what’s happened so far this year and found as of March 31st, the 123 announced mergers and acquisitions is down 4.9% from the 129 deals at this time last year.
Over half — 52% — are from the top10 buyers. All except one are private capita-backed insurance brokers. The one that isn’t is the public, Aon.
The target brokerage valuations are elevated for the first quarter of this year and average 11.52 time earnings before interest, taxes, depreciation and amortization (EBITDA). “There is continued speculation that we will see a lowering of multiples, but the market is still flush with buyers who are well capitalized,” the report said.
These are the top buyers so far in 2025. As noted earlier, all but Aon are private capital-backed. Aon is public.
1. Broadstreet Partners
Transactions so far in 2026: 15
Percentage of all transactions so far in 2026: 12.2%
2. Inszone Insurance services
Transactions so far in 2026: 10
Percentage of all transactions so far in 2026: 8.1%
3. ALKEME Holding Corporation
Transactions so far in 2026: 7
Percentage of all transactions so far in 2026: 5.7%
4. World Insurance Associates
Transactions so far in 2026: 6
Percentage of all transactions so far in 2026: 4.9%
5. King Risk Partners
Transactions so far in 2026: 5
Percentage of all transactions so far in 2026: 4.1%
6. Relation Insurance Services
Transactions so far in 2026: 5
Percentage of all transactions so far in 2026: 4.1%
7. WalkerHughes Insurance
Transactions so far in 2026: 4
Percentage of all transactions so far in 2026: 3.3%
8. Aon
Transactions so far in 2026: 4
Percentage of all transactions so far in 2026: 3.3%
9. Oakbridge Insurance Agency
Transactions so far in 2026: 4
Percentage of all transactions so far in 2026: 3.3%
10. Allianz Insurance Services
Transactions so far in 2026: 4
Percentage of all transactions so far in 2026: 3.3%
The top 10 did 64 deals, or 52% of all deals so far in 2026. The total number of deals this year is 123.
Source link: Business Insurance — https://bit.ly/3Oiw1FQ