Marsh McLennan Agency Acquires Hudson Shore Group; Terms Of The Acquisition Were Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Marsh McLennan Agency, a subsidiary of Marsh, has acquired Hudson Shore Group, a public and private sector employee benefits broker. The terms of the acquisition were not disclosed. Hudson Shore Group will continue to operate from its Red Bank, NJ office.
July 02, 2024 | 12:03 pm
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Marsh McLennan Agency, a subsidiary of Marsh, has acquired Hudson Shore Group, enhancing its employee benefits services. The acquisition terms were not disclosed.
The acquisition of Hudson Shore Group by Marsh McLennan Agency is likely to enhance MMC's employee benefits services, potentially leading to increased revenue and market share in this sector. The continuation of Hudson Shore Group's operations and leadership suggests a smooth integration, which is positive for MMC.
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