M&A Deal Summary

Risk Strategies Acquires The Baker Benefit Group

On June 20, 2024, Risk Strategies acquired insurance company The Baker Benefit Group

Acquisition Highlights
  • This is Risk Strategies’ 100th transaction in the Insurance sector.
  • This is Risk Strategies’ 112th transaction in the United States.
  • This is Risk Strategies’ 1st transaction in Maine.

M&A Deal Summary
Date 2024-06-20
Target The Baker Benefit Group
Sector Insurance
Buyer(s) Risk Strategies
Deal Type Add-on Acquisition

Target

The Baker Benefit Group

Falmouth, Maine, United States
The Baker Benefit Group is an insurance brokerage and consulting firm specializing in employee benefit programs for large employers. The Baker Benefit Group was founded in 1999 and is based in Falmouth, Maine.

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Buyer(S) 1

Buyer

Risk Strategies

Boston, Massachusetts, United States
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 112 of 112
Sector (Insurance) 100 of 100
Type (Add-on Acquisition) 108 of 108
State (Maine) 1 of 1
Country (United States) 112 of 112
Year (2024) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-21 Silveus

Warsaw, Indiana, United States

Silveus is an independent specialty provider of crop insurance. The Company understands that both federal and private products are available to growers to reduce their risk exposures. Silveus was formed in 1940 and is headquartered in Warsaw, Indiana.

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