M&A Deal Summary

Risk Strategies Acquires International Insurance Brokers

On May 2, 2023, Risk Strategies acquired insurance company International Insurance Brokers

Acquisition Highlights
  • This is Risk Strategies’ 81st transaction in the Insurance sector.
  • This is Risk Strategies’ 90th transaction in the United States.
  • This is Risk Strategies’ 1st transaction in Oklahoma.

M&A Deal Summary

Date 2023-05-02
Target International Insurance Brokers
Sector Insurance
Buyer(s) Risk Strategies
Deal Type Add-on Acquisition

Target

International Insurance Brokers

Tulsa, Oklahoma, United States
website
International Insurance Brokers is a full-service retail agency-focused brokerage firm with a strong regional brand principally focused on providing property & casualty and employee group benefits products. IIB was formed in 1979 and is based in Tulsa, Oklahoma.

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Buyer(S) 1

Buyer

Risk Strategies

Boston, Massachusetts, United States

website


Category Company
Founded 1997
Sector Insurance
DESCRIPTION

Risk Strategies is a national brokerage firm focused on delivering risk management and insurance solutions toprivately-held and publicly-traded commercial clients and high net worth individuals. Risk Strategies focuses on client risk management challenges and delivers pragmatic, costeffective financial and business solutions. Risk Strategies was founded in 1997 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 90 of 109
Sector (Insurance) 81 of 97
Type (Add-on Acquisition) 88 of 105
State (Oklahoma) 1 of 1
Country (United States) 90 of 109
Year (2023) 8 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-26 Johnson Insurance Services

Wisconsin, United States

Johnson Insurance Services is an independent, full-service agency offering personal insurance and life, commercial property and casualty, and group employee benefits insurance products and services to protect individuals and businesses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-15 Combined Underwriters of Miami

Miami, Florida, United States

Combined Underwriters of Miami is a full-service independent insurance agency providing commercial and personal insurance products to clients in South Florida. The Company offers a variety of insurance and employee benefit products to assist commercial business organizations, governmental and institutional organizations, condominium and homeowner associations, and individual clients. was founded in 1979 and is based in Miami, Florida.

Buy -