has been acquired by

Leon Silver Associates, LLC

Acted as exclusive financial advisor to Leon Silver Associates, LLC, in its sale to Bridge Specialty Group, LLC, a subsidiary of Brown & Brown, Inc. Based in Metuchen, New Jersey, Leon Silver is a wholesale broker offering commercial and personal lines property and casualty insurance products through its network of retail agents in New York, New Jersey, Pennsylvania, Florida, Connecticut, and Delaware. The firm was founded by Michael and Shari Silver’s father, Leon G. Silver, and has roots dating back to 1971. Following the transaction, the Leon Silver operations will become part of Bridge Specialty Group’s “Morstan General Agency” office (Morstan). The combined operations will do business from Morstan’s Woodbridge, New Jersey location under the leadership of Tommy Rhodes, who, together with Bridge Specialty Group’s Executive Vice President, Kathy Colangelo, has oversight responsibility for Morstan.

has been acquired by

Andrews Benefits, LLC

Acted as exclusive financial advisor to Andrews Benefits, LLC, in its sale to The Hilb Group, LLC. Andrews Benefits is an employee benefits agency, providing unique strategies and long-term solutions for clients in a variety of industries. As a part of the transaction, Christine and Peter Andrews and their team will join the Hilb New England region.

has been acquired by

South & Western General Agency

Acted as exclusive financial advisor to South & Western General Agency, Inc. (South & Western), in its sale to Hull & Company, LLC, a subsidiary of Brown & Brown, Inc. Founded in 1974, South & Western is a managing general agency for retail insurance agents placing insurance for businesses and individuals primarily in Texas, Arkansas, Louisiana, Mississippi, Oklahoma, and Tennessee. The firm specializes in personal lines, farm and ranch/agribusiness, commercial transportation, and specialty commercial property and casualty insurance products. South & Western also offers insurance premium financing through S&W Premium Finance Company. Following the transaction, the South & Western team will continue doing business under the leadership of JJ Horan from their Addison, Texas and Memphis, Tennessee locations as a new stand-alone operation within Brown & Brown’s Wholesale Brokerage Segment.

has been acquired by

J.E. Brown & Associates

Acted as exclusive financial advisor to J.E. Brown & Associates Insurance Services, Inc. (J.E. Brown) in its sale to Hull & Company, LLC, a subsidiary of Brown & Brown, Inc. Founded in 1989, J.E. Brown is a managing general agency for retail insurance agents placing property and casualty insurance for businesses and individuals. The firm specializes in offering small business and personal lines property and casualty insurance products to customers in the western United States, primarily in California. Following the transaction, the J.E. Brown team will continue doing business under the leadership of Dave Brown and Wendy Heathorn from their Walnut Creek and Yorba Linda, California offices as a new stand-alone operation in Brown & Brown’s Wholesale Brokerage Segment.

has been acquired by

Clearwater Underwriters

Acted as exclusive financial advisor to Clearwater Underwriters (CUI), a surplus lines MGA based in Clearwater, FL, in its sale to Worldwide Facilities. Clearwater Underwriters was established in 1991 to provide a market for retail insurance agents in the placement of excess flood insurance coverage in the state of Florida. Since that time, the company has emerged as a competitive, trustworthy corporation with a diverse product line including flood, professional liability, personal and commercial lines. CUI is highly regarded among its partners and peers throughout the industry.

has been acquired by

Newport Insurance

Acted as exclusive financial advisor to Newport Insurance in its sale to Starkweather & Shepley.  Newport Insurance is a retail insurance agency serving both commercial and personal lines customers.  Following the acquisition, Newport Insurance and its 13 employees will continue to operate out of its Middletown, RI office.

has been acquired by

Dash & Love

Acted as exclusive financial advisor to Dash & Love, Inc. in its sale to Risk Strategies.  Founded in 1930 and based just outside of Philadelphia, Dash & Love is a highly respected, family-owned specialty retail insurance brokerage providing insurance placement and risk management advice to organizations and successful individuals and families across Pennsylvania and the tri-state area.

has been acquired by

Rand Insurance

Acted as exclusive financial advisor to Rand Insurance in its sale to Cross Insurance.

No press release has been issued for this transaction.

has been acquired by

Insurance Center of New England

Acted as exclusive financial advisor to Insurance Center of New England, Inc. (ICNE) in its sale to Hub International Limited.  With locations in Agawam and Gardner, Massachusetts, ICNE is one of the largest locally owned, independent insurance agencies in New England. ICNE provides full-service insurance solutions for personal insurance, business insurance and group employee benefits.

has been acquired by

The Mechanic Group

Acted as exclusive financial advisor to The Mechanic Group (TMG) in its sale to Specialty Program Group. Established in 1989, TMG is an insurance program manager that specializes in delivering innovative risk management, insurance products and programs to the Security Guard, Private Investigation, Intelligence, Electronic Security, Alarm Installation, Central Station Monitoring and Security Consulting marketplace. TMG is a leading MGA for agents and brokers seeking a market for these insureds. Current leadership of TMG will continue to run all aspects of the operation and trade under The Mechanic Group brand.