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Announced

Completed

Risk Strategies completed the acquisition of The Insurance Center of North Jersey.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

Insurance Brokers

Domestic

United States

insurance agency

Acquisition

Private

Completed

Friendly

Synopsis

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Risk Strategies, a national specialty insurance brokerage and risk management and consulting firm, completed the acquisition of The Insurance Center of North Jersey, an insurance agency. Financial terms were not disclosed. “When seeking firms with which to partner, we prioritize deep expertise, a client-first culture and potential for organic growth. The team at The Insurance Center of North Jersey hits all those marks and it’s exciting to welcome them to the family," Rob Rosenzweig, New York Metro Region Commercial Lines Leader.

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