MarshBerry & Company, Inc. Acquires Gill & Roeser, Inc.
Willoughby, OH – July 16, 2014
– MarshBerry has acquired the assets of Gill & Roeser, Inc., a New York City based boutique investment banking and reinsurance intermediary firm.
Gill & Roeser is an independently-owned capital management advisor to the insurance industry. It provides capital management strategies and reinsurance services such as reinsurance brokering, program structures, alternative markets, risk pooling, valuations, capital raising, and merger and acquisition consulting services.
As part of the acquisition, MarshBerry is hiring the staff of Gill & Roeser including Dale A. Myer, Chairman and Steven K. Bolland, President and CEO. Both Myer and Bolland have obtained the Financial Industry Regulatory Authority (FINRA) Series 7, 24, 63, 79 and 99 licenses.
“By acquiring Gill & Roeser, MarshBerry is able to expand its knowledge in the insurance carrier and managing general agent marketplace,” said John Wepler, Chairman & President, MarshBerry. “The experience Steven Bolland and Dale Myer bring to the table immediately allows us to expand our footprint in the market and offer a broader portfolio of services to the insurance industry.”
“Gill & Roeser, like MarshBerry, has been in business for over 30 years. Both of our firms have developed an immense amount of experience and knowledge for the markets we serve. By joining MarshBerry we can now provide investment banking and reinsurance services to insurance and reinsurance companies, wholesalers, managing general agents, managing general underwriters, and third party administrators on a much larger scale,” said Myer.
“We are excited to expand MarshBerry’s capabilities and knowledge as we to continue to grow our organization in new areas,” added Wepler.
Founded in 1981, MarshBerry is a merger & acquisition advisory and consulting firm to the insurance system inclusive of insurance carriers, distributors and ancillary services. Ranked #1 by SNL Financial for each of the past 15 years in terms of number of M&A transactions, MarshBerry’s primary objective is to help clients maximize their value through our industry-specific services that include: merger and acquisition advisory*, financial consulting, valuations, performance benchmarking, peer-to-peer exchange networks, organic growth consulting, producer recruiting, and capital raising solutions*. Visit www.marshberry.com to learn more.