Risk Strategies Acquires Mahorsky Group, Inc. and Brick Procurement, Inc.
August 24, 2023
Risk Strategies, a national specialty insurance brokerage, has acquired Mahorsky Group, Inc. and its affiliate Brick Procurement, Inc. The acquisitions strengthen Risk Strategies' surety bond practice and add federal contracting and large-scale construction project expertise; terms were not disclosed.
- Buyers
- Risk Strategies
- Targets
- Mahorsky Group, Inc., Brick Procurement, Inc.
- Industry
- Insurance
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
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 Bonds, Inc.
July 20, 2022
Insurance
Risk Strategies, a national specialty insurance brokerage, has acquired Bonds, Inc., a Hunt Valley, Maryland–based surety bond specialist focused on the construction industry. The acquisition (terms not disclosed) strengthens Risk Strategies' surety practice and gives Bonds, Inc. access to Risk Strategies' broader insurance products and national/international footprint.
-
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.
-
Risk Strategies Acquires Ladmar Group
February 8, 2023
Insurance
Risk Strategies, a national specialty insurance brokerage, has acquired Ladmar Group, a Hauppauge, New York–based retail employee benefits firm founded by Phil Fierro and Linda Marra. The deal expands Risk Strategies' employee benefits capabilities and deepens its presence in the New York region; terms were not disclosed.
-
Risk Strategies Acquires Combined Underwriters of Miami
May 15, 2023
Insurance
Risk Strategies has acquired Combined Underwriters of Miami, a full-service independent insurance agency headquartered in the Miami area. The acquisition expands Risk Strategies' presence and capabilities in South Florida — adding retail insurance, employee benefits and specialty products — while terms were not disclosed.
-
Risk Strategies Acquires Castle Rock Capacity
July 26, 2023
Insurance
Risk Strategies, a national specialty insurance broker headquartered in Boston, has acquired Castle Rock Capacity, a New York City–based property & casualty insurance brokerage specializing in construction, real estate and development. Terms were not disclosed; the deal brings Castle Rock's specialty underwriting and regional expertise into Risk Strategies' national platform.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.