Keystone Insurers Group Acquires East Coast Risk Management

BCS Financial Corporation Acquires Medical Risk Managers, Inc.

October 6, 2020

Insurance

BCS Financial Corporation has acquired Medical Risk Managers, Inc. (MRM), a managing general underwriter providing Stop Loss pricing and underwriting services. The acquisition adds MRM’s Stop Loss pricing, underwriting, and case management capabilities to BCS’s Risk Navigator solution set and keeps MRM leadership (Mehb Khoja) in place while MRM remains headquartered in Connecticut.

Keystone Insurers Group Acquires EnrollX

August 23, 2022

Professional Services

Keystone Insurers Group, a participant-owned insurance agency network, has acquired EnrollX, a benefits enrollment and administration consulting firm focused on voluntary benefits. The acquisition aims to streamline employee benefits education and enrollment for Keystone's customers and bolster recruitment and retention capabilities for employers and agents.

LRES Corporation Acquires Keystone Asset Management

September 1, 2021

Real Estate

LRES Corporation, a California-based provider of property valuations and REO asset management, signed a definitive agreement to acquire Keystone Asset Management, Inc., a Lansdale, Pennsylvania-based REO and valuation services firm. The deal, announced Aug. 23, 2021, expands LRES’s servicing and valuation capabilities and adds an Eastern time zone team to its operations.

Marsh McLennan Agency Acquires AC Risk Management

May 2, 2024

Insurance

Marsh McLennan Agency (MMA), a subsidiary of Marsh McLennan, has acquired AC Risk Management (ACRM), an independent commercial lines insurance brokerage based in Melville, New York. ACRM’s employees, including CEO Matt Avellino, will remain at the Melville office as MMA expands its commercial lines and construction-focused insurance capabilities in the Long Island region.

Kemper Group Acquires EastRock Solutions

March 12, 2025

Industrial Services

Kemper Group has acquired EastRock Solutions, a Pennsylvania-based equipment dealer, and will combine it with Old Dominion Equipment & Supply and EESSCO under the Kemper brand. The acquisition brings EastRock's OEM partnerships and local expertise into Kemper and provides EastRock access to Kemper's engineering, fabrication and field service capabilities.

KKR Acquires Majority Stake in ERM from OMERS Private Equity and AIMCo

May 17, 2021

Environmental Services

KKR has signed an agreement to acquire a majority position in Environmental Resources Management (ERM) from OMERS Private Equity and Alberta Investment Management Corporation (AIMCo), with ERM management and Partners remaining minority investors. The transaction, intended to accelerate ERM's growth and broaden its sustainability capabilities and technologies, is expected to close in Q3 2021 subject to regulatory approvals; financial terms were not disclosed.