BrazilMarshBerry establishes founding team for DACH region launch
Insurance-focused M&A consultancy MarshBerry has expanded into the DACH region, bringing in three senior team members to help kickstart the firm’s ambitions in Germany, Austria, and Switzerland.
Founded in the United States in 1981, MarshBerry is an M&A and investment advisor for insurance companies / brokers and wealth management firms. The company advises on strategy and corporate finance, and helps close around 100 transactions per year mainly in North America and Europe.
With the expansion into the DACH region, MarshBerry is now active in Europe’s largest insurance market behind the UK, where the firm launched in 2023 following the acquisition of local player IMAS. MarshBerry also has an office in Amsterdam since 2019, which serves as its European headquarters.
“Our decision to invest in the DACH region reflects our long-term commitment to the European market and to bringing advisory expertise and local support to meet the unique needs of German insurance businesses,” said John Wepler, MarshBerry Chairman and CEO. “We see significant demand from insurance brokers and Managing General Agents in the DACH region.”
Key drivers of M&A activity in DACH include the need to build scale for competitiveness and investments, a highly fragmented market, cross-border competition and the entry of deal-hungry international players, and private equity firms that are establishing buy-and-build platforms.
The launching DACH team
To spearhead its DACH launch, MarshBerry has brought in three consultants from EY-Parthenon: Fabian Seul (Managing Director), David Kuprasch-Sras (Partner), and Fabian Troeppner (Associate Partner). They bring extensive experience as advisors to German and international insurance carriers, consolidators, independent broking firms, and private equity houses, guiding them through transactions and strategic growth initiatives.
The trio are supported by Jan Blumenthal, former General Representative of Lloyd’s Insurance Company and Country Manager for Germany and Austria, who has been appointed by MarshBerry as an Independent Board Advisor.
“We support independent broking firms and MGAs in the DACH region early on and with experienced experts, always with respect for what they have built. Whether it’s the strategic direction or succession planning: in these matters, we see ourselves as a long-term and trusted partner to owners and C-suite,” said Seul.
