Troutman Pepper client Marsh McLennan, a global leader in risk, strategy and people, recently announced that it has reached an agreement through its Marsh McLennan Agency business to acquire McGriff Insurance Services, LLC, an affiliate of TIH, for $7.75 billion. Troutman Pepper advised Marsh McLennan as lead corporate counsel in the transaction.
McGriff Insurance Services is a leading provider of insurance broking and risk management services in the United States. The transaction will enhance Marsh McLennan Agency’s capabilities across commercial property and casualty, employee benefits, management liability and personal lines.
The multidisciplinary Troutman Pepper team counseling Marsh McLennan was led by Brian Katz, and included Corporate Partners Erica Wilson, James Epstein, Joseph Kadlec, Genna Garver and Taylor Bartholomew, as well as Corporate Associates Courtney Goins, Chelsea MacArthur, Taylor Belknap, Zach Corenblum, Thomas Walker, Dean Longfield, Maria Kennison, Aileen Ng, Matthew Ramsey, and Taylor Williams. The team also included Real Estate Partner Stefanie Brennan and Associate Jared Burns; Tax Partner Howard Goldberg; Benefits Partner Paul Porretta and Associate Christopher Stock; Intellectual Property Partners Brent Hoard and David Wormser, and Associate Emily Newcomer; Labor and Employment Counsel Jessica Rothenberg; Regulatory and Governance Partners Barbara Sicalides, Christopher Chuff and Joseph Walsh.
Consistently recognized as a top-tier national practice, Troutman Pepper’s corporate attorneys regularly handle multimillion- and multibillion-dollar transactions. Core areas of service include capital markets transactions and other significant domestic and cross-border transactions, mergers and acquisitions, corporate governance, securities laws compliance, and corporate finance. The firm has particular expertise in the insurance brokerage merger and acquisition space, advising clients on acquisitions, dispositions, recapitalizations and joint ventures.
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