Heffernan Insurance Brokers acquires Green Financial to expand small business division
Jan 07, 2025•12 months ago
Acquiring Company
Heffernan Insurance Brokers
Acquired Company
Green Financial
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.
M&A Insights
Based on deal dataIntegration 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