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AssuredPartners makes Illinois, Texas buys

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Merger

Insurance brokerage AssuredPartners Inc. has acquired McCarthy & Trinka Inc. and Cathey Insurance Services LLC.

Terms of the transactions were not disclosed.

Oak Brook, Illinois-based McCarthy & Trinka Inc. has $2 million in annual revenue, and the firm’s nine employees will remain under the operational leadership of Mark Trinka to help build AssuredPartners’s Illinois platform. AssuredPartners said Thursday in a statement.

“We have a strategic focus on expanding our operations in Illinois,” AssuredPartners Regional President Todd Stocksdale said in the statement. “McCarthy & Trinka aligns perfectly into this platform.”

Cathey Insurance Services LLC of Dallas has $3.4 million in annualized revenue, and its six employees will remain under the operational structure and leadership of Graham Cathey and Ronald Cathey, AssuredPartners said Wednesday in a separate statement.

Lake Mary, Florida-based AssuredPartners is the 12th-largest broker of U.S. business, according to Business Insurance’s latest ranking.

 

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