Marsh & McLennan (MMC) Unit Buys Firms to Enhance Capabilities

Marsh & McLennan Companies, Inc.’s (MMC) Marsh McLennan Agency (“MMA”), a division of MMC’s Marsh business, recently closed buyouts of two middle-market agencies of Louisiana, Querbes & Nelson (“Q&N”) and Louisiana Companies. The terms of the deal have been kept under wraps.The twin buyouts are expected to strengthen the capabilities of MMA as well as solidify its presence significantly across Louisiana. The acquired companies seem to be prudent picks for buyouts by MMA owing to their longstanding history o ...