M&A Deal Summary

Risk Strategies Acquires Burke Insurance Group

On January 19, 2022, Risk Strategies acquired insurance company Burke Insurance Group

Acquisition Highlights
  • This is Risk Strategies’ 62nd transaction in the Insurance sector.
  • This is Risk Strategies’ 68th transaction in the United States.
  • This is Risk Strategies’ 1st transaction in New Mexico.

M&A Deal Summary

Date 2022-01-19
Target Burke Insurance Group
Sector Insurance
Buyer(s) Risk Strategies
Deal Type Add-on Acquisition

Target

Burke Insurance Group

Las Cruces, New Mexico, United States
Burke Insurance Group is a commercial retail insurance agency. Burke Insurance Group is based in Las Cruces, New Mexico.

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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 68 of 115
Sector (Insurance) 62 of 103
Type (Add-on Acquisition) 68 of 111
State (New Mexico) 1 of 1
Country (United States) 68 of 115
Year (2022) 1 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-09 Fournier Group

Portland, Oregon, United States

Fournier Group is a full-service commercial and personal lines retail insurance agency. Fournier Group’s accomplished management team, comprised of insurance veterans, has guided dynamic growth both geographically and by industry, with specialty expertise in hospitality, restaurants, entertainment, and aviation. Fournier Group is based in Portland, Oregon.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-09 The Gehring Group

Palm Beach Gardens, Florida, United States

The Gehring Group is a provider of employee benefits and risk management solutions to the public sector. The Gehring Group was founded in 1992 and is based in Palm Beach Gardens, Florida.

Buy -