Leading Sell Side Advisor MarshBerry Congratulates Clark Insurance on Successful Sale

MarshBerry, a leading investment banking and consulting firm serving the Insurance Distribution and Wealth Management industries, congratulates Clark Insurance, headquartered in Portland, ME, on its successful sales transaction to the MarshMcLennan Agency that closed on June 1, 2022.

Clark Insurance, founded in 1931, continues to operate as a full-service agency serving Maine, New Hampshire, and Massachusetts with 120 employees across six locations.

“MarshBerry proudly represented Clark Insurance, an agency known for its exceptional expertise, superior service, and customer satisfaction throughout the sales process. Our years of experience show that it’s not enough that the numbers add up. We partnered with Clark Insurance to find the perfect fit and develop a solid after-sale plan for a smooth transition. Our analysis and expertise paired with Clark’s many years of successful operations have resulted in a successful transaction that leverages the firm’s best assets,” said President of Financial Advisory Phil Trem.

MarshBerry remains the number one sell-side advisor for insurance agencies and brokerages and retains its position as the industry leader for total number of clients advised. Since 1999, MarshBerry has advised on more than 1,000 merger & acquisition transactions which is approximately 25% of the total tracked deal flow during this period as reported by S&P Global Market Intelligence.

Terms of the transaction were not disclosed.

MarshBerry – Helping Clients Learn, Improve & Realize Value

Founded in 1981, MarshBerry serves the insurance distribution and wealth management industry including insurance agents & brokers, specialty distributors, private equity firms, and wealth management firms. MarshBerry’s industry-specific services help clients build, enhance and sustain value through: Merger & Acquisition Advisory, Debt & Equity Capital Raising, Financial Consulting, Market Intelligence & Benchmarking, Organic Growth Consulting, Connect –Executive Peer Exchange, and Platform Aggregation. Learn more at www.MarshBerry.com.

About Clark Insurance

Clark Insurance, founded in 1931, is 100% Employee Owned and continues to operate as a full-service, independent agency. We are passionate about identifying people’s needs and finding solutions they can afford. We also conduct ourselves according to our Guiding Principles that include exceptional knowledge, integrity, passion and fun as well as the Code of Ethics of the Independent Insurance Agents and Brokers of America. For more information, visit https://www.clarkinsurance.com.