MarshBerry Congratulates the Graham Company on its Partnership with Marsh & Mclennan Agency, LLC

August 2, 2023

Woodmere, OH, Wednesday, August 2, 2023 – MarshBerry, a leading investment banking and consulting firm serving the insurance distribution and wealth management industries, congratulates The Graham Company, an insurance and employee benefits broker that partners with business owners in high-risk industries including construction, manufacturing, distribution, chemical, health and human services and others, on their sale to Marsh & McLennan Agency, LLC. MarshBerry served as the exclusive financial advisor to The Graham Company on the transaction which closed on August 1, 2023.

Based in Philadelphia, PA, The Graham Company has been a staple in their market for over 65 years. In this time, the firm has grown from six employees with revenue of $300,000 to a team of more than 200 employees with revenue surpassing $75 million – placing them in the Top 100 Insurance Agencies & Brokers in the U.S.

“In 2017, MarshBerry was privileged to lead The Graham Company through its transition to become a 100%-ESOP owned firm,” said Phil Trem, MarshBerry President – Financial Advisory. “With Marsh & McLennan Agency as their new market partner, their firm can continue to thrive while remaining committed to their clients and community and most importantly creating value for their employees. Once again, MarshBerry’s unique value proposition allows us to help firms of any size and composition evolve their business and choose the path that’s right for them. We are excited for the future of both of these firms.”

Terms of the transaction were not disclosed.

MarshBerry remains the number one sell-side advisor for insurance agencies and brokerages and retains its position as the industry leader for total number of clients advised. Since 1999, MarshBerry has advised on more than 1,100 merger & acquisition transactions which is approximately 25% of the total announced transactions reported by S&P Global Market Intelligence that involved an advisor.

MarshBerry – Helping Clients Learn, Improve & Realize Value

Founded in 1981 and established a European footprint in 2019, MarshBerry serves the insurance distribution and wealth management industries including insurance agents & brokers, specialty distributors, private equity firms, and wealth management firms. MarshBerry’s industry-specific services help clients build, enhance and sustain value through Financial Advisory solutions (Investment Banking; Merger & Acquisition Advisory; Business Planning), Growth Advisory solutions (Organic Growth, Aggregation, Leadership, Sales & Talent Solutions), and Market Intelligence & Benchmarking.

About Graham Company

Graham Company is one of the largest insurance and employee benefits brokers in the country, committed to enhancing employee safety and business viability through an action-oriented approach to risk management. In business for more than 60 years, Graham Company designs customized and effective property and casualty, surety and employee benefits programs for its clients to protect employees and prevent losses. With offices in Philadelphia, New York City and Washington, DC and clients in all 50 states, Graham Company became 100% employee-owned through an employee stock ownership plan in 2017. Through its innovative insurance and safety training programs, Graham Company is redefining what it means to be an insurance broker. To learn more, visit

Investment banking services offered through MarshBerry Capital, LLC., Member FINRA Member SIPC and an affiliate of Marsh, Berry & Company, LLC, 28601 Chagrin Blvd., Suite 400, Woodmere, OH 44122 440.354.3230.