Marsh & McLennan Companies, Inc. MMC arm Marsh & McLennan Agency LLC (MMA) recently acquired Compass Financial Partners, a Greensboro, NC-based retirement consulting and investment advisory company. MMA is the middle market agency unit of Marsh, which provides commercial property, casualty, personal lines and employee benefits to businesses and people across North America. However, terms of the deal were kept under wraps.Compass Financial Partners is a leading company in the industry and provides institutional retirement plan consulting and fiduciary services in the United States. Notably, its combined plan assets surpass $14 billion, which is added to Marsh and McLennan’s $50 billion worth of retirement assets.Per the terms of the transaction, Compass employees will continue to serve under the leadership of their founders and the managing partners Kathleen Kelly and George Hoyle.It is needless to say that Compass is the right fit for this acquisition as it is known for providing extraordinary services and measurable results to its customers.MMA also bought Heritage Insurance Service, Inc., a market-leading independent agency in Louisville, KY. With this transaction, the company will gain from the acquired entity’s expertise in the field. It also acquired the independent agency INSPRO in Nebraska. Acquisitions form one of the core growth tactics at Marsh and McLennan.The company has made numerous purchases within its different operating units that enabled it to tap new geographies, expand within the existing ones, foray into new businesses, develop new segments and specialize within its current businesses.Its consolidation spree augurs well for the long haul.There has been a host of acquisitions in the insurance brokerage space of late, banking on the availability of their substantial capital resources. Recently, the company’s peer Arthur J. Gallagher & Co. AJG acquired Harden & Associates, Inc. to boost its healthcare and real estate practices in the Southeast.Further, Brown & Brown, Inc.’s BRO subsidiary Brown & Brown Dealer Services (BBDS) took over considerably all the assets of ADM Marketing Group, Inc. and its affiliate ADM Insurance Services, Ltd. (collectively ADM).Zacks Rank and Price PerformanceShares of Marsh & McLennan, which currently carries a Zacks Rank #3 (Hold), have gained 5% over the past six months compared with the industry’s growth of 7.4%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Another company in the same space, Aon plc AON, has also risen 6.3%in the same time frame.Breakout Biotech Stocks with Triple-Digit Profit PotentialThe biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.See these 7 breakthrough stocks now>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marsh & McLennan Companies, Inc. (MMC): Free Stock Analysis Report Aon plc (AON): Free Stock Analysis Report Arthur J. Gallagher & Co. (AJG): Free Stock Analysis Report Brown & Brown, Inc. (BRO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research