Marsh McLennan Agency completes acquisition of Hudson Shore Group to expand employee benefits services
Acquiring Company
Marsh McLennan Agency
Acquired Company
Hudson Shore Group
Description
Marsh McLennan Agency, a subsidiary of Marsh, has announced the acquisition of Hudson Shore Group, a leading public and private sector employee benefits broker based in Red Bank, NJ. This acquisition further expands Marsh McLennan Agency's employee health and benefits programs, providing a wider array of industry-leading specialists, services, and resources for their clients.
Quick answer
Marsh McLennan Agency is acquiring Hudson Shore Group, announced July 2, 2024. Marsh McLennan Agency is based in White Plains, New York, United States.
- How much did Marsh McLennan Agency pay for Hudson Shore Group?
- The deal value was not disclosed.
- What does Marsh McLennan Agency do?
- Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities.
- Where are Marsh McLennan Agency and Hudson Shore Group based?
- Marsh McLennan Agency is based in White Plains, New York, United States. Hudson Shore Group is based in Red Bank, New Jersey, United States.
- Who are the decision-makers at Marsh McLennan Agency?
- Fundz holds 1 contact at Marsh McLennan Agency. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Professional Services and Administrative Services
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- Hub International Limited acquires Insurance Management Company to strengthen commercial insurance and risk management capabilities (August 6, 2024)
- Stellex Capital, in Partnership with Communify, Acquires Financial Data Provider Fincentric (August 15, 2024)
- The Standard to acquire Allstate’s Employer Voluntary Benefits business for approximately $2 billion and enter into a product distribution partnership, $2B (August 13, 2024)
- Hub International acquires McClements Insurance Services, LLC to expand employee benefits services (July 19, 2024)
- Hub International Limited acquires assets of Wyatt Insurance Services, Inc. to expand nonprofit and construction commercial insurance and employee benefits services (July 10, 2024)
- OneDigital completes acquisition of PayCheck Connection in Coeur d'Alene, ID (June 25, 2024)
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Frequently asked
Who acquired Hudson Shore Group?
Hudson Shore Group was acquired by Marsh McLennan Agency, based in White Plains. The deal was reported on July 2, 2024. Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. Marsh McLennan Agency is privately held and operates in Other.
When did Marsh McLennan Agency acquire Hudson Shore Group?
Marsh McLennan Agency's acquisition of Hudson Shore Group was reported on July 2, 2024. Marsh McLennan Agency, a subsidiary of Marsh, has announced the acquisition of Hudson Shore Group, a leading public and private sector employee benefits broker based in Red Bank, NJ. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hudson Shore Group do?
Hudson Shore Group Inc. is an insurance company based out of 141 W Front St, Red Bank, NJ, United States. It is privately held, operating in Financial Services, and is based in Red Bank.
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