BRP Group, Inc. announced that Millennial Specialty Insurance, LLC, an indirect subsidiary of BRP Group, has acquired substantially all of the assets of Arcana Insurance Services, LP , a Dallas, Texas-based national insurance agency and program administrator, focused on better serving the real estate investor and property management markets.
Arcana will bring to BRP Group product capabilities in the single-family real estate market, which has powered strong organic growth over Arcana’s history. Arcana generates annual revenues of approximately $3.6 million
MarshBerry acted as exclusive financial advisor to Arcana in the transaction.
Topics Mergers & Acquisitions Texas
Was this article valuable?
Here are more articles you may enjoy.
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
Verisk: Insurance Claims Volume Fell to 5-Year Low in 2025 
Carnival Cruise Passenger Served 14 Shots Awarded $300,000 After Fall Down Stairs 
Viewpoint: Why Brokers Have Little to Fear and Everything to Gain From AI 
