M&A Deal Summary

Risk Strategies Acquires Benefits Network Insurance Agency

On January 23, 2018, Risk Strategies acquired insurance company Benefits Network Insurance Agency

Acquisition Highlights
  • This is Risk Strategies’ 30th transaction in the Insurance sector.
  • This is Risk Strategies’ 33rd transaction in the United States.
  • This is Risk Strategies’ 1st transaction in Ohio.

M&A Deal Summary

Date 2018-01-23
Target Benefits Network Insurance Agency
Sector Insurance
Buyer(s) Risk Strategies
Deal Type Add-on Acquisition

Target

Benefits Network Insurance Agency

Cincinnati, Ohio, United States
Benefits Network Insurance Agency, Inc. is a specialist brokerage focused on the development of employee benefits plans. Benefits Network Insurance Agency was founded in 1989 and is based in Cincinnati, Ohio.

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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 33 of 115
Sector (Insurance) 30 of 103
Type (Add-on Acquisition) 33 of 111
State (Ohio) 1 of 4
Country (United States) 33 of 115
Year (2018) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-21 Tikia Consulting Group

Metairie, Louisiana, United States

Tikia Consulting Group, Inc. is an employee benefits brokerage and consultancy company. Tikia Consulting Group, Inc. was established in 1995 and is based in Metairie, Louisiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-20 Prosurance Redeker Group

New York, New York, United States

Prosurance Redeker Group Ltd. is a specialty brokerage serving architects and engineers by providing risk management consultation and placement of professional liability and other key business insurance coverages. Prosurance Redeker Group is based in New York, New York.

Buy -