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Heffernan Insurance Brokers acquires Green Financial to expand small business division

Jan 07, 202512 months ago

Acquiring Company

Heffernan Insurance Brokers

Acquired Company

Green Financial

Walnut CreekKirklandInsuranceInsuranceEmployee BenefitsFinancial Services

Description

Heffernan Insurance Brokers, one of the largest independent insurance brokerage firms in the United States, has acquired Green Financial located in Kirkland, Washington. Green Financial's expertise in navigating benefits for clients and commitment to exceptional customer service align with Heffernan's mission to provide comprehensive and tailored insurance solutions to clients. The acquisition enhances Heffernan's capabilities in the Washington market and signifies its dedication to continued growth and expansion nationally.

Company Information

Company

Heffernan Insurance Brokers

Location

Walnut Creek, California, United States

About

Heffernan Insurance Brokers, founded in 1988, is one of the largest independent insurance brokerage firms in the United States providing comprehensive business insurance, personal insurance, employee benefits and financial services solutions to a wide range of businesses and individuals. Headquartered in Walnut Creek, Calif., Heffernan has a nationwide presence specializing in customized solutions to serve its clients’ different needs in virtually every industry.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed