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New Deal


Announced

Completed

Risk Strategies completed the acquisition of the North Bay business unit from InterWest Insurance Services.

Financials

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

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insurance brokerage

Insurance Brokers

Single Bidder

Majority

Private

United States

Domestic

Acquisition

Completed

Synopsis

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Risk Strategies, a specialty insurance brokerage and risk management and consulting firm, completed the acquisition of the North Bay business unit from InterWest Insurance Services, a full-service insurance brokerage. Financial terms were not disclosed. “We’re excited by this opportunity to add significant expertise to our existing specialty capabilities in the wine industry. This team is well known in this specialty and our combined strength positions us to be the go-to broker for wineries and vintners throughout the region,” Patrick Roth, Risk Strategies West Region Leader.

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