M&A Deal Summary

Risk Strategies Acquires Prince Associates

On November 9, 2023, Risk Strategies acquired insurance company Prince Associates

Acquisition Highlights
  • This is Risk Strategies’ 90th transaction in the Insurance sector.
  • This is Risk Strategies’ 102nd transaction in the United States.
  • This is Risk Strategies’ 13th transaction in New York.

M&A Deal Summary
Date 2023-11-09
Target Prince Associates
Sector Insurance
Buyer(s) Risk Strategies
Deal Type Add-on Acquisition

Target

Prince Associates

Hicksville, New York, United States
Prince Associates is a multi-line retail insurance agency that serves clients across 41 states in a broad array of industries including waste disposal, manufacturing, animal shelters, hospitality and real estate. Prince Associates is based in Hicksville, New York.

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 102 of 115
Sector (Insurance) 90 of 103
Type (Add-on Acquisition) 98 of 111
State (New York) 13 of 15
Country (United States) 102 of 115
Year (2023) 20 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-30 Fairmount Benefits

Radnor, Pennsylvania, United States

Fairmount Benefits is a specialty firm focused on developing and administering employee benefit programs for corporate employers. Fairmount Benefits was founded in 1982 and is based in Radnor, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-18 Robert Alan Agency

New City, New York, United States

Robert Alan Agency is a full-service retail insurance agency, that provides customer service and competitive insurance rates for home insurance, auto insurance, commercial insurance, life insurance, and more. Robert Alan Agency was founded in 1980 and is based in New City, New York.

Buy -
Mergr

Product

Company

Legal