Add-on Acquisition • Insurance

Risk Placement Services Acquires Cowles & Connell

On August 11, 2014, Risk Placement Services acquired insurance company Cowles & Connell

Acquisition Context
  • This is Risk Placement Services’ 4th transaction in the Insurance sector.
  • This is Risk Placement Services’ 4th transaction in the United States.
  • This is Risk Placement Services’ 1st transaction in New York.

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M&A Deal Summary

Date August 11, 2014
Target Cowles & Connell
Sector Insurance
Buyer(s) Risk Placement Services
Deal Type Add-on Acquisition

Target Company

Cowles & Connell

Brewster, New York, United States
Cowles & Connell is a managing general agent and wholesale insurance broker which provides excess and surplus, property/casualty, professional business liability and other specialty insurance products and services to their independent retail insurance broker clients throughout United States.
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Buyer Overview 1

Buyer

Risk Placement Services

Itasca, Illinois, United States

Category Company
Founded 1979
Sector Insurance
DESCRIPTION

Risk Placement Services, Inc. is a Managing General Agency with a strong focus on Binding, Programs, Standard Lines Aggregation and Open Brokerage business.


Deal Context for Buyer #
Overall 4 of 9
Sector: Insurance 4 of 9
Type: Add-on Acquisition 3 of 8
State: New York 1 of 1
Country: United States 4 of 9
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-06 S. A. Freerks & Associates

St. Louis, Missouri, United States

S. A. Freerks & Associates, Inc. (SAFA) is a managing general agent and wholesale insurance broker which provides excess and surplus, property/casualty, professional business liability and other specialty insurance products and services for independent insurance agents and brokers primarily throughout the central Midwest.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-09 Evergreen Insurance Managers

Hillsboro, Oregon, United States

Evergreen Insurance Managers is a wholesale insurance broker and managing general agency offering commercial insurance solutions for a wide variety of industries. Evergreen Insurance Managers was founded in 2006 and is based in Hillsboro, Oregon.

Buy -