M&A Deal Summary

Risk Strategies Acquires May Bonee & Clark Insurance

On April 4, 2023, Risk Strategies acquired insurance company May Bonee & Clark Insurance

Acquisition Highlights
  • This is Risk Strategies’ 77th transaction in the Insurance sector.
  • This is Risk Strategies’ 86th transaction in the United States.
  • This is Risk Strategies’ 4th transaction in Connecticut.

M&A Deal Summary
Date 2023-04-04
Target May Bonee & Clark Insurance
Sector Insurance
Buyer(s) Risk Strategies
Deal Type Add-on Acquisition

Target

May Bonee & Clark Insurance

Glastonbury, Connecticut, United States
May, Bonee & Clark Insurance provides insurance placement, financial services, and risk management advice. May, Bonee & Clark Insurance was founded in 1985 and is based in Glastonbury, Connecticut.

Search 201,292 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 86 of 115
Sector (Insurance) 77 of 103
Type (Add-on Acquisition) 85 of 111
State (Connecticut) 4 of 5
Country (United States) 86 of 115
Year (2023) 4 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-29 ICNJ

Maywood, New Jersey, United States

ICNJ is a provider of business, professional, and personal insurance coverages for clients across New Jersey, New York, Connecticut, and Pennsylvania. ICNJ was founded in 1927 and is based in Maywood, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-18 HollandStivers

Paducah, Kentucky, United States

HollandStivers provide insurance solutions and also offers compliance & legislation assistance, claims analytics, employer & employee communication, education, corporate health & wellness programs, and HR Consulting. HollandStivers was founded in 2000 and is based in Paducah, Kentucky.

Buy -
Mergr

Product

Company

Legal