RxStrategies Acquired by Mid‑Market Private Equity Firm

Risk Strategies Company Acquires OakBridge Advisors

June 2, 2016

Insurance

Risk Strategies Company, a privately held national insurance brokerage, acquired Newport Beach-based OakBridge Advisors to strengthen its Employee Benefits practice and expand its presence in California. OakBridge founders Edward Kirkwood and Lawrence Hartley and their staff will remain with Risk Strategies and integrate with the firm's other California offices.

Omnicell Acquires Pharmaceutical Strategies Group's 340B Link Business from Blue Wolf Capital

October 2, 2020

Healthcare Services

Omnicell, Inc. has acquired Pharmaceutical Strategies Group's market-leading 340B Link business from Blue Wolf Capital Partners for $225 million. The deal, which completes Blue Wolf's exit of PSG from Fund II, expands Omnicell's medication management and data-enabled services for hospitals and pharmacies.

tangoRx Solutions Acquires RPh Innovations (RPHi)

May 5, 2022

Healthcare Services

tangoRx Solutions (formerly tango340B) has acquired RPh Innovations (RPHi), a 340B program management provider, to expand its 340B services and deepen clinical and compliance expertise. The acquisition brings RPHi's team of pharmacists and subject-matter experts into tangoRx while RPHi will maintain operational independence with added capital and resources.

Risk Strategies Acquires Burke Insurance Group, LLC

January 19, 2022

Insurance

Risk Strategies, a national specialty insurance brokerage, has acquired Burke Insurance Group, a Las Cruces, New Mexico-based commercial retail insurance agency founded in 1980. The deal — terms not disclosed — marks Risk Strategies' first entry into New Mexico and adds Burke's specialty expertise in surety bonds, construction and oil & gasoline sectors to Risk Strategies' platform.

Risk Strategies Acquires Cambridge Advisory Group

March 17, 2022

Consulting

Risk Strategies, a national specialty insurance brokerage, has acquired Cambridge Advisory Group and its affiliated Health and Productivity Consulting, Inc. The acquisition strengthens Risk Strategies' National Employee Benefits Practice by adding actuarial, pharmacy and benefits data-analytics capabilities based in King of Prussia, Pennsylvania; terms were not disclosed.

EPIC Insurance Brokers & Consultants Acquires Pharmaceutical Strategies Group

February 3, 2021

Healthcare Services

EPIC Insurance Brokers & Consultants has agreed to acquire Pharmaceutical Strategies Group (PSG), the nation’s largest independent pharmacy benefit consulting firm, and will integrate PSG into its Employee Benefits Consulting practice. PSG — which reports generating more than $4.8 billion in drug cost savings for clients annually — will operate as “Pharmaceutical Strategies Group – an EPIC company,” with PSG leadership remaining in place to continue developing drug management solutions.