Swann Insurance Agency Acquired by Marketplace 4 Insurance | Financial Services M&A Deal

Marketplace 4 Insurance has acquired Swann Insurance Agency, a insurance brokerage business in Maryland, for $15M. Swann Insurance Agency is an independent agency in Columbia offering auto, home, life, and business insurance policies, strengthening Marketplace 4 Insurance acquisitions in the Mid-Atlantic. Marketplace 4 Insurance acquisitions expand coverage capabilities and client access by integrating Swann employees with Reilly Insurance Agency’s Crofton, Maryland location. The strategic acquisition is an add-on acquisition within financial services M&A, with deal size estimated at $10M–$25M and terms not disclosed.