logo
logo

Bowen, Miclette & Britt Insurance Agency, LLC completes acquisition of M Surety Services, strengthening position in surety bond market

Oct 04, 20249 months ago

Acquiring Company

Bowen Miclette & Britt Insurance Agency

Acquired Company

M Surety Services

HoustonSpringRisk ManagementInsuranceEmployee BenefitsFinancial ServicesConstruction

Description

Bowen, Miclette & Britt Insurance Agency, LLC (BMB) has finalized the acquisition of M Surety Services, a recognized leader in contract surety bonds. The acquisition further enhances BMB's position in the surety bond market and brings together the strengths of both organizations to deliver enhanced resources and expanded service offerings to clients.

Company Information

Company

Bowen Miclette & Britt Insurance Agency

Location

Houston, Texas, United States

About

Bowen, Miclette & Britt Insurance Agency, LLC has been a trusted partner in delivering comprehensive insurance and risk management solutions for over 40 years. BMB offers a full range of services, including commercial and personal insurance, surety bonds, employee benefits, and risk management. With a client-first approach and deep industry expertise, BMB has earned its place as one of the Top 100 agencies in the nation, continually helping clients navigate complex challenges and achieve long-term success.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Related People

Mark hidden

hidden
hidden

Katerina hidden

Ed hidden