Add-on Acquisition • Insurance

Alkeme Acquires IBS Group

On June 23, 2025, Alkeme acquired insurance company IBS Group

Acquisition Context
  • This is Alkeme’s 7th transaction in the Insurance sector.
  • This is Alkeme’s 7th transaction in the United States.
  • This is Alkeme’s 1st transaction in New York.

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M&A Deal Summary

Date June 23, 2025
Target IBS Group
Sector Insurance
Buyer(s) Alkeme
Deal Type Add-on Acquisition

Target Company

IBS Group

Plainview, New York, United States
IBS Group is a full service insurance and risk management firm with locations in New York, Florida and Dublin, Ireland. IBS Group was founded in 1984 and is based in Plainview, New York.
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Buyer Overview 1

Buyer

Alkeme

Ladera Ranch, California, United States

Category Company
Sector Insurance
DESCRIPTION

Alkeme is a retail insurance brokerage platform providing insurance services to a large variety of commercial accounts primarily in California and surrounding states. Alkeme specializes in placing property & casualty, benefits, and a variety of specialty lines. Alkeme is based in Ladera Ranch, California.


Deal Context for Buyer #
Overall 7 of 21
Sector: Insurance 7 of 19
Type: Add-on Acquisition 7 of 21
State: New York 1 of 3
Country: United States 7 of 21
Year: 2025 4 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-01 Becker Benefit Group

Bonita Springs, Florida, United States

Becker Benefit Group is providing businesses and individuals with real insurance solutions. Becker Benefit Group was founded in 1995 and is based in Bonita Springs, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-24 Miller and Associates

Orem, Utah, United States

Miller and Associates is a personalized insurance solutions. Miller and Associates is based in Orem, Utah.

Buy -