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  6. Brightstone Specialty Group Acquires Cox & Smith Risk Management

M&A Deal Summary

Brightstone Specialty Group Acquires Cox & Smith Risk Management

On February 11, 2025, Brightstone Specialty Group acquired insurance company Cox & Smith Risk Management

Acquisition Highlights
  • This is Brightstone Specialty Group’s 2nd transaction in the Insurance sector.
  • This is Brightstone Specialty Group’s 2nd transaction in the United States.
  • This is Brightstone Specialty Group’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2025-02-11
Target Cox & Smith Risk Management
Sector Insurance
Buyer(s) Brightstone Specialty Group
Deal Type Add-on Acquisition

Target

Cox & Smith Risk Management

Lafayette, Louisiana, United States
Cox & Smith Risk Management specializes in providing insurance loss control services, including safety inspections, customized safety programs, loss prevention program management, and insurance value appraisals. Cox & Smith Risk Management was founded in 1969 and is based in Lafayette, Louisiana.

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Buyer(S) 1

Buyer

Brightstone Specialty Group

Traverse City, Michigan, United States
Category Company
Sector Insurance
DESCRIPTION

Brightstone Specialty Group is comprised of two divisions: specialty services and underwriting. Brightstone Specialty Group is based in Traverse City, Michigan.

DEAL STATS #
Overall 2 of 2
Sector (Insurance) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Louisiana) 1 of 1
Country (United States) 2 of 2
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-05 DMI Insurance Services

Austin, Texas, United States

DMI Insurance Services is a specialty insurance Program Administrator. DMI Insurance Services was founded in 1962 and is based in Austin, Texas.

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