MarshBerry Advises FC Capital Partners on their Acquisition by IMA Financial Group
Woodmere, OH, July 18, 2024 – MarshBerry, a leading investment banking and consulting firm serving the insurance distribution and wealth management industries, is pleased to have represented FC Capital Partners on their sale to IMA Financial Group, Inc. (IMA). The transaction closed on July 2, 2024.
Based in Troy, Michigan, FC Capital Partners is a full-service managing general agent (MGA) with turnkey services that include underwriting and claims administration. This acquisition further establishes IMA’s presence in the Midwest and incorporates a partner that embraces IMA’s client-focused, high-touch approach to helping businesses grow, expand and meet their fullest potential.
“MarshBerry is honored to have represented FC Capital Partners in their sale to IMA,” said Phil Trem, MarshBerry President of Financial Advisory. “This transaction is a testament to the strength and potential of FC Capital Partners, and we are proud to have played a role in facilitating this strategic partnership. We believe this union will drive significant value and growth for both organizations.”
Terms of the transaction were not disclosed.
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 1,300 merger & acquisition transactions which is approximately 25% of the total tracked deal flow in the insurance distribution industry during this period as reported by S&P Global Market Intelligence.
MarshBerry – Helping Clients Learn, Improve & Realize Value
MarshBerry is a global leader in financial services and consulting dedicated to helping insurance brokerages, and firms in the wealth management industry, achieve sustained growth and value for every stage of ownership. With a legacy spanning over 40 years, MarshBerry offers an extensive suite of services, including Investment Banking (Merger & Acquisition Advisory; Capital Raising), Financial Consulting (Strategic Planning; Valuations; Perpetuation Planning), Organic Growth Consulting (Leadership, Sales & Talent Solutions), Executive Peer Exchange, Agency Network and Market Intelligence and Performance Benchmarking. For more information, visit www.MarshBerry.com.
About FC Capital
FC Capital benefits from both a deep understanding of the insurance business as well as of creating, structuring, and executing strategic transactions & business plans in a highly specialized industry. Their goal is to build great businesses with exceptional teams.
Investment banking services in the USA offered through MarshBerry Capital, LLC, Member FINRA and SIPC, and an affiliate of Marsh, Berry & Company, LLC, 28601 Chagrin Blvd, Suite 400, Woodmere, OH 44122 (440) 354-3230.
