Market Finders, Inc. Logo

has been acquired by

Monarch E&S Insurance Services Logo

 

Market Finders, Inc.

Acted as exclusive financial advisor to Market Finders, Inc. (MFI) in its sale to Monarch E&S Insurance Services (Monarch), a division of Specialty Program Group LLC (SPG). Founded in 1971, Market Finders is a respected managing general agent and wholesale broker headquartered in Albuquerque, New Mexico. Market Finders has a long-standing reputation as the go-to MGA in New Mexico. With access to more than 30 markets (many on a binding authority basis), MFI specializes in both personal and commercial lines, including transportation risks.

Led by President Steve Shaffer, the company has built a strong network of retail agents and is known for its ease of doing business and commitment to client relationships.

 

Tim Parkman Inc Logo

has been acquired by

Bridge Specialty Insurance Brokerage Logo

 

Tim Parkman, Inc.

Acted as exclusive financial advisor to Tim Parkman, Inc. (TPI) in its sale to Bridge Specialty Group (a subsidiary of Brown & Brown, Inc.). Established in 2002, TPI is a full-service wholesale insurance brokerage located in Clinton, Mississippi. TPI was founded with a mission to provide all customers with consistently superior service while sustaining positive underwriting results. Initially focused on personal lines, TPI has expanded into commercial lines and leverages its proprietary state-of-the-art technology platform to deliver premier service to its network of over 5,000 retail agents. TPI will continue to operate from Clinton, Mississippi, under the leadership of President Mike Leach. Tim Parkman will continue with the business, providing oversight and support. Mike Leach will report to Jason Haupt, regional president of Bridge Specialty Group’s Mid-Atlantic and Delta region.

 

Byrnes Agency Insurance Logo

has been acquired by

O Hub Logo

 

Byrnes Agency

Acted as exclusive financial advisor to Byrnes Agency, Inc. (Byrnes Agency) in its sale to Hub International Limited (Hub).

 

With offices in Dayville and Norwich, Connecticut, Byrnes Agency is one of the largest privately-owned insurance agencies in Eastern Connecticut, offering comprehensive insurance solutions for individuals and businesses. The Byrnes Agency team will join Hub New England.

 

SLB Insurance Group Logo

has been acquired by

CRC Group Wholesale & Specialty Logo

 

SLB Insurance Group

Acted as exclusive financial advisor to SLB Insurance Group (SLB), a specialty wholesale brokerage and managing general agency, in its sale to CRC Group. The acquisition of SLB expands CRC Group’s binding operations in the Southeast, nearly doubling its presence in South Florida and enhancing its capabilities in Louisiana. This also marks CRC Group’s first acquisition since becoming an independent wholesaler in 2024.

Established in 2000, SLB focuses on small to midmarket property and casualty, trucking and personal lines insurance. The company is led by Darren Marsh, Trevor Keyes and Keith Hinson, all of whom will continue to lead SLB, reporting to Brennan Paris, President of CRC Binding.

 

Spencer Grey Insurance Logo

has merged into

J. Edward Knight Insurance Logo

 

Spencer Gray Insurance

Acted as exclusive financial advisor to Spencer E. Gray, Jr. LLC (Spencer Gray Insurance), a leading provider of insurance solutions in Maine, in its merger with J. Edward Knight Insurance.

 

Led by Spencer and Elizabeth Gray, Spencer Gray Insurance has been a cornerstone of the Bath, ME community since 2002, offering personalized insurance solutions tailored to individual and business needs.

 

By joining forces with J. Edward Knight, Spencer Gray Insurance’s clients will gain access to an expanded range of insurance products, services and additional resources.

 

Shepard Insurance Group Logo

has been acquired by

 

Shepard Insurance Group

Acted as exclusive financial advisor to Greenwich, Connecticut-based Shepard Insurance Group, Inc. in its sale to Arthur J. Gallagher & Co. Shepard Insurance Group is a retail insurance broker that specializes in serving high-net-worth clients in the Northeast US and Florida. Steve Shepard, Kyle Shepard and their team will remain in their current location under the direction of Brendan Gallagher, head of Gallagher's Northeast region retail property/casualty brokerage operations.

 

Southern Insurance Agency, LLC

has been acquired by

NFP

Southern Insurance Agency, LLC

Acted as exclusive financial advisor to Southern Insurance Agency, LLC (SIA) in its sale to NFP Corp. (NFP). Headquartered in New Orleans, LA, SIA offers a variety of P&C solutions and services for middle-market companies, including general liability, commercial property, business auto and cyber liability coverages. Under the leadership of Founder and President, Louis Faust, the SIA team has consistently demonstrated a deep knowledge of the intricacies of the New Orleans market, including weather-related and other risks specific to the area, and an ability to secure coverage for more challenging exposures.

Rowley Agency

has been acquired by

Gallagher

The Rowley Agency, LLC

Acted as exclusive financial advisor to The Rowley Agency, LLC (Rowley) in its sale to Arthur J. Gallagher & Co. (Gallagher). Headquartered in Concord, New Hampshire, Rowley is one of the largest independent insurance agencies in New England, providing property/casualty, surety and employee benefits products to commercial and personal lines clients primarily in New Hampshire, Vermont, Maine and Massachusetts from the Company’s four office locations. Dan Church, Gary Stevens and their team will remain in their current location under the direction of Brendan Gallagher, head of Gallagher's Northeast region retail property/casualty brokerage operations, and John Neumaier, head of Gallagher's East region employee benefits consulting and brokerage operations.

 

FBE Insurance Services Inc. Logo

has been acquired by

NFP An Aon Company Logo

 

Felton, Berlin & Erdmann Insurance Services

Acted as exclusive financial advisor to Felton, Berlin & Erdmann Insurance Services in its sale to NFP Corp. No official press release was issued for this transaction.

has been acquired by

Employee Benefit Services of Maryland (EBS)

Acted as exclusive advisor to Employee Benefit Services of Maryland (EBS) in its sale to RCM&D, A Unison Risk Advisors Company. EBS is one of the fastest growing benefits firms in the mid-Atlantic region. EBS is a Baltimore-based firm, founded in 2012, offering employee benefits services and innovative product offerings. EBS colleagues will continue to serve their clients offering the expanded resources of RCM&D including property & casualty, retirement plan services, life insurance, RCM&D’s Self-Insured Services Company (SISCO) and more.