MarshBerry Provide Due Dilligence to NFP’s Acquisition of Hackett Valine & MacDonald
Legal Adviser to the Hackett Valine & MacDonald
Due Diligence Provider
NFP, a leading insurance broker and consultant that provides employee benefits, property & casualty (P&C), retirement, and individual insurance and wealth management solutions, has acquired Hackett Valine & MacDonald, Inc. (HVM). The transaction closed on May 1, 2015.
HVM, based in South Burlington, VT, is a brokerage and consulting firm that specializes in P&C and employee benefits. The firm offers personal and commercial lines expertise and employee benefits capabilities for companies in a range of industries. HVM’s leadership team will remain in place, with Michael Walsh transitioning to Managing Director for NFP’s New England region, reporting to Terrence Scali, Chief Executive Officer, NFP Property & Casualty. Timothy Ford will continue as a Director of Sales, focused on employee benefits, and Richard Bazluke will serve as the Finance Director.
Scali said, “The addition of HVM builds upon NFP’s already strong presence in the New England region. The team’s expertise in both P&C and employee benefits, as well as its dedication to providing personalized attention and tailored solutions to their clients, complements NFP’s focus and objectives. We are excited to welcome the HVM team.”
Walsh also commented, “Joining NFP provides our team with access to sophisticated resources, backed by a significant network of our industry peers. We see this as a great opportunity to further expand our offerings to our clients.”