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Marsh Mclennan Agency Acquires Graham Company

Aug 01, 2023•over 2 years ago

Acquiring Company

Marsh McLennan Agency

Acquired Company

hopps Inc.

San FranciscoProfessional ServicesOtherAdministrative ServicesHealth Care

Description

Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of Philadelphia, Pennsylvania-based Graham Company, a leading risk management consultancy and one of the top independent insurance and employee benefits brokers in the United States. Terms of the acquisition were not disclosed.

Company Information

Company

Marsh McLennan Agency

About

Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With 8,000 colleagues and 160 offices across North America, MMA combines the personalized service model of a local consultant with the global resources of the world’s leading professional services firm, Marsh McLennan (NYSE: MMC).

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