Marsh McLennan Agency to Acquire Accel Holdings, Inc.
Marsh McLennan Agency, a subsidiary of Marsh (NYSE: MRSH), announced an agreement to acquire Accel Holdings, Inc., a diversified independent insurance firm based in Iowa. The transaction, expected to close in the third quarter, will add over 130 employees and seven offices across the Midwest to MMA's network, though terms were not disclosed.
Key figures
- Target office count
- 7
- Target employee count
- 130+
- Acquirer annual revenue
- $27 billion
- Acquirer employee count
- 95000
AI analysis
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