M&A Deal Summary

Risk Strategies Acquires Hibbits Insurance

On November 4, 2021, Risk Strategies acquired insurance company Hibbits Insurance

Acquisition Highlights
  • This is Risk Strategies’ 56th transaction in the Insurance sector.
  • This is Risk Strategies’ 62nd transaction in the United States.
  • This is Risk Strategies’ 1st transaction in South Carolina.

M&A Deal Summary
Date 2021-11-04
Target Hibbits Insurance
Sector Insurance
Buyer(s) Risk Strategies
Deal Type Add-on Acquisition

Target

Hibbits Insurance

Orangeburg, South Carolina, United States
Hibbits Insurance is a full-service insurance brokerage specializing in group and individual health, life, and disability insurance. Hibbits Insurance is based in Orangeburg, South Carolina.

Search 202,137 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 62 of 115
Sector (Insurance) 56 of 103
Type (Add-on Acquisition) 62 of 111
State (South Carolina) 1 of 1
Country (United States) 62 of 115
Year (2021) 6 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-01 Better Business Planning

Itasca, Florida, United States

Better Business Planning is an insurance agency specializing in employee benefits solutions. Better Business Planning also offers a variety of complementary services capabilities, including benefits and payroll administration, human resources consulting, and payroll consulting. Better Business Planning was founded in 1977 and is based in Itasca, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-09 Pawson Insurance

Branford, Connecticut, United States

Pawson Insurance is a full-service retail insurance brokerage specializing in property & casualty and employee benefits solutions. Pawson Insurance was founded in 1987 and is based in Branford, Connecticut.

Buy -
Mergr

Product

Company

Legal