C3 Risk & Insurance Services Merges with B. Wood Insurance to Expand Employee Benefits Practice

CBIZ Acquires Prince-Wood Insurance

July 8, 2020

Insurance

CBIZ, Inc. acquired substantially all of the assets of Prince-Wood Insurance, L.L.C. (PWI) of Woodbridge, Virginia, effective July 1, 2020. The acquisition expands CBIZ's property and casualty insurance capabilities and client footprint in Northern and Central Virginia, Maryland and Washington, DC; PWI had seven employees and approximately $1.2 million in annual revenue.

COVU Acquires CIII Insurance Services

May 1, 2025

Insurance

COVU, an AI-native services platform for insurance agencies, has acquired CIII Insurance Services, a boutique California agency known for premium commercial and personal P&C clients. The deal expands COVU's platform capabilities and provides CIII with access to COVU's remote-first, AI-powered operations to scale, modernize, or enable an orderly exit for agency owners.

Hub International Acquires Assets of The Wooditch Company

May 2, 2023

Insurance

Hub International Limited announced it has acquired the assets of The Wooditch Company, Insurance Services, Inc., a privately held commercial insurance, risk management and employee benefits firm based in Irvine, California. The acquisition strengthens Hub's commercial insurance and construction capabilities in the Los Angeles/Orange County region and the Wooditch team will join Hub LAOC; terms were not disclosed.

BRP Group Acquires Wood Gutmann & Bogart Insurance Brokers

November 4, 2021

Insurance

BRP Group, Inc., through certain indirect subsidiaries including Burnham Benefits Insurance Services, entered into an agreement to acquire substantially all of the assets of Wood Gutmann & Bogart Insurance Brokers (WGB), a Tustin, California-based insurance brokerage with approximately $29.7 million of annual revenue. The deal, announced November 4, 2021 and completed December 1, 2021, expands BRP Group's commercial risk management and employee benefits capabilities and represents another "Partnership" for the public insurance distributor.

M|C Partners Backs Merger of C3 Integrated Solutions and Steel Root

November 16, 2022

Cybersecurity

C3 Integrated Solutions and Steel Root have merged to create a CMMC-centric managed services provider for the U.S. Defense Industrial Base, with a substantial equity investment from M|C Partners. The combined business will operate under the C3 Integrated Solutions name and expand end-to-end CMMC, Microsoft GCC High, and managed cybersecurity capabilities for government contractors.

Risk Strategies Acquires Better Business Planning, Inc.

November 1, 2021

Insurance

Risk Strategies, a national specialty insurance brokerage, has acquired Better Business Planning, Inc., an Itasca, Illinois-based employee benefits agency. The acquisition strengthens Risk Strategies' National Employee Benefits Practice and bolsters its Midwest presence; terms were not disclosed.