Van Noy Consulting Group Acquired by LP Insurance Services | Financial Services M&A Deal

LP Insurance Services has acquired the employee benefits consulting practice of Van Noy Consulting Group, a insurance brokerage business in Nevada, for $35M. Van Noy Consulting Group provides employee benefits consulting focused on health insurance, managed care, and employee benefits, with operations based in Reno, Nevada. LP Insurance Services is an employee-owned risk management, insurance services, and employee benefits firm serving business and individual clients across the Western U.S., including Nevada. The LP Insurance Services acquisitions are structured as an add on acquisition and strategic acquisition, expanding NV acquisitions in financial services M&A. The deal includes adding Terry Van Noy as an employee benefits consultant, with the transaction announced and sized over $100M.