Virtus buys Cobbs Allen benefits practice as industry M&A grows stronger
Amanda Schiavo is an associate editor of Employee Benefit News. Follow her on Twitter at @SchiavoAmanda.
Amanda Schiavo is an associate editor of Employee Benefit News. Follow her on Twitter at @SchiavoAmanda.
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This is the insurance and wealth management firm’s third acquisition deal this month.
The global insurance brokerage has closed 42 acquisition deals in 2020.
Industry consolidation has been on the rise as the role of private-equity and other financial institution-backed buyers expands.
OneDigital’s acquisition of Resources Investment Advisors shows a convergence between two major spaces within financial services.
Agency M&A activity shows no signs of slowing down, with 490 reported transactions so far this year.