News

November 8, 2024

PARK SUTTON ADVISES M&R CAPITAL MANAGEMENT ON PARTNERSHIP WITH WEALTH ENHANCEMENT GROUP

Park Sutton Advisors, a Waller Helms Company, is pleased to have represented M&R Capital Management on its partnership with Wealth Enhancement Group, one of the nation’s fastest growing wealth managers with $97 billion in client assets, headquartered in Minneapolis, MN. M&R Capital Management was founded in 1993 and is headquartered in Summit, NJ. Led by John Maloney, the team oversees more than $500 million in client assets. M&R specializes in providing customized financial solutions to clients including investment management, separate account management, and retirement planning.

October 21, 2024

PARK SUTTON ADVISES $3.4 BILLION MULTI-FAMILY OFFICE, PEGASUS PARTNERS, ON PARTNERSHIP WITH LIDO

Park Sutton Advisors, a Waller Helms Company, is pleased to have represented Pegasus Partners on their partnership with Lido Advisors, a wealth advisory firm with more than $24 billion in client assets, headquartered in Los Angeles, California.

October 8, 2024

PARK SUTTON ADVISES $1.1 BILLION GEORGE MCKELVEY COMPANY ON PARTNERSHIP WITH ALLWORTH

Park Sutton Advisors, a Waller Helms Company is pleased to have represented George McKelvey Company on its partnership with Allworth Financial, a national wealth manager with over $22 billion in client assets, headquartered in Sacramento, California.

October 2, 2024

PARK SUTTON ADVISES UNITED COMMUNITY BANKS, INC. ON ITS DIVESTMENT OF $2.4 BILLION FINTRUST CAPITAL ADVISORS TO WEALTH ENHANCEMENT GROUP

Park Sutton Advisors, a Waller Helms Company, is pleased to have represented United Community Banks, Inc. on its divestment of FinTrust Capital Advisors to Wealth Enhancement Group, one of the nation’s fastest growing wealth managers with over $94 billion in client assets, headquartered in Minneapolis, MN.

October 1, 2024

EPIC ANNOUNCES ACQUISITION OF TDC LIFE, EXPANDING LIFE AND EXECUTIVE BENEFITS PLATFORM

EPIC Insurance Brokers and Consultants, a national insurance brokerage and consulting firm, has acquired TDC Life, an Ohio-based life insurance and estate planning firm. This strategic partnership will bring TDC under the Vanbridge Life & Executive Benefits umbrella and significantly enhance EPIC’s market presence in the life insurance industry.

September 19, 2024

PARK SUTTON ADVISES $1.5 BILLION VC MANAGER, TOUCHDOWN VENTURES, ON PARTNERSHIP WITH CERITY

Park Sutton Advisors, a Waller Helms Company, is pleased to have represented Touchdown Ventures on its partnership with Cerity Partners, a leading independent wealth manager with over $100 billion in client assets, headquartered in New York, NY. The combination adds more than 50 colleagues to the Cerity Partners team and a unique area of expertise in alternative investment strategies focused on early-stage and growth-oriented private investments.

September 16, 2024

PARK SUTTON ADVISES JUDITH HEFT & ASSOCIATES ON SALE TO WEALTHSPIRE ADVISORS

Park Sutton Advisors, a Waller Helms Company, is pleased to have represented Judith Heft & Associates on their partnership with Wealthspire Advisors, a wealth manager with approximately $27.4 billion in client assets, headquartered in New York, NY.

September 13, 2024

INGO PAYMENTS ACQUIRES DEPOSITS INC., REDEFINING MONEY MOBILITY FOR BANKS AND CORPORATES WITH THE LAUNCH OF ITS MODERN MONEY STACK

Ingo Payments, a trusted leader in account funding and disbursements solutions defined as Money Mobility, announced its acquisition of Deposits Inc., a provider of modern banking software tools and infrastructure. This acquisition accelerates the launch of its Modern Money Stack, which will enable banks, fintechs and brands to transform money flows into full, feature-rich accounts that foster new relationships, revenue streams, and utility, delivered in a modern, modular, compliant and cost-efficient way.

September 6, 2024

DAVIES’ NORTH AMERICAN GROWTH ACCELERATES AS IT SIGNS DEAL TO ACQUIRE MICHIGAN-BASED MINUTEMAN ADJUSTERS

Davies, the leading specialist professional services and technology company serving insurance and highly regulated markets today announced it has signed a deal to purchase the trade and assets of Minuteman Adjusters, a third-party administrator serving global insurance carriers and Lloyd’s syndicate insurers across the U.S.

September 4, 2024

C&R SOFTWARE ACQUIRES SPRINGFOUR, EXPANDING REACH OF FINANCIAL HEALTH SOLUTIONS

C&R Software, the world’s leading Cloud-native end-to-end software and solutions provider for the complete credit risk lifecycle and a CORA Group company, today announced the acquisition of SpringFour, the first-of-its-kind, leading financial health fintech. This acquisition further expands C&R Software’s offerings in the financial health sector and supports the company’s mission to deliver comprehensive collections and recovery solutions to customers worldwide.

August 22, 2024

YA GROUP ANNOUNCES A MAJORITY INVESTMENT FROM THL PARTNERS

YA GROUP, an international professional services organization providing forensic consulting, engineering, risk mitigation, and related services, today announced that it will receive a majority investment from THL Partners, a premier private equity firm investing in middle market growth companies. The partnership will help accelerate the Company’s organic growth through investments in its core service areas and support opportunities to expand its platform through strategic acquisitions. YA’s management, employees and current capital partner, CIVC Partners, will retain significant ownership positions in the Company, with management and employees remaining in their current roles.

August 16, 2024

PARK SUTTON ADVISES SOUTH FLORIDA-BASED EMERALD MULTI-FAMILY OFFICE ON ITS SALE TO CORIENT

Park Sutton Advisors, a Waller Helms Company is pleased to have represented Emerald Multi-Family Office on its acquisition by Corient Private Wealth, a national RIA with over $120 billion in Assets Under Management.

August 8, 2024

HOULIHAN LOKEY TO ACQUIRE WALLER HELMS ADVISORS

Houlihan Lokey, Inc., the global investment bank, has agreed to acquire Waller Helms Advisors, an independent advisory firm that provides investment banking services to clients in the insurance and wealth management sectors. Park Sutton Advisors will also be joining Houlihan Lokey through the transaction. The transaction, signed on August 6, 2024, confirms Houlihan Lokey as the premier investment banking advisor in these sectors and underlines the firm’s leadership across the global financial services sector. The deal is expected to be completed before December 31, 2024, following regulatory approvals.

August 8, 2024

SIMPLICITY ANNOUNCES SKYKNIGHT AND DRAGONEER AS ITS NEW INVESTMENT PARTNERS

Simplicity Group Holdings, Inc., a leading financial products distribution firm, today announced that it has entered into a definitive agreement for a majority investment from SkyKnight Capital, L.P. and Dragoneer Investment Group. As part of the transaction, Dragoneer and SkyKnight will invest equity in Simplicity to provide a liquidity opportunity for Simplicity’s employee partners and acquire the interests held by funds managed by Lee Equity Partners. The transaction marks a continuation of Simplicity’s commitment to employee ownership and institutional investment, all of which reinforces Simplicity’s unique partnership culture and accelerates the company’s ability to better serve its clients. Additional terms of the transaction, which is expected to close by the end of 2024 subject to regulatory approvals, were not disclosed.

July 15, 2024

SAFE-GUARD PRODUCTS INTERNATIONAL ANNOUNCES STRATEGIC INVESTMENT FROM HELLMAN & FRIEDMAN

Safe-Guard Products International, LLC, a leading provider of third-party private label finance and insurance protection products for the automotive, RV, marine, and powersports industries, today announced that it has closed on a majority investment from Hellman & Friedman, one of the world’s largest private equity firms.

July 10, 2024

MARSH MCLENNAN AGENCY TO ACQUIRE THE HORTON GROUP, INC.

Marsh McLennan Agency, a subsidiary of Marsh, today announced that it has entered into a definitive agreement to acquire The Horton Group, Inc., a leading Orland Park, IL-based full-service insurance brokerage and one of the top independent insurance brokers in the US. Terms of the acquisition were not disclosed.

June 12, 2024

PARK SUTTON ADVISES $1.7 BILLION SRS CAPITAL ADVISORS ON PARTNERSHIP WITH ARAX INVESTMENT PARTNERS, A REDBIRD CAPITAL PARTNERS PORTFOLIO COMPANY

Park Sutton Advisors, a Waller Helms Company, is pleased to have represented SRS Capital Advisors on its partnership with Arax Investment Partners, a RedBird Capital Partners portfolio company with approximately $19 billion in client assets, headquartered in New York, NY.

May 30, 2024

PARK SUTTON ADVISES $4 BILLION AVIOR WEALTH MANAGEMENT ON STRATEGIC INVESTMENT FROM CONSTELLATION WEALTH CAPITAL

Park Sutton Advisors, a Waller Helms Company is pleased to have represented Avior Wealth Management, LLC on its strategic investment from Constellation Wealth Capital, an alternative asset management platform dedicated to the wealth management sector. Headquartered in Omaha, NE, Avior is an independent wealth management, financial planning, and tax & accounting firm, with approximately $4.1bn in assets under management.

May 8, 2024

PARK SUTTON ADVISES $800 MILLION THE RETIREMENT GROUP AND $500 MILLION LYNCH RETIREMENT INVESTMENT GROUP ON COMBINED SALE TO WEALTH ENHANCEMENT GROUP

Park Sutton Advisors, a Waller Helms Company is pleased to have represented The Retirement Group, LLC and Lynch Retirement Investment Group, LLC on their sale to Wealth Enhancement Group, one of the fastest growing wealth managers in the U.S. with more than $82 billion in AUM and headquartered in Minneapolis, MN.

April 3, 2024

PARK SUTTON ADVISES $550 MILLION LEGACY ASSET MANAGEMENT ON ITS SALE TO ONEDIGITAL INVESTMENT ADVISORS

Park Sutton Advisors, a Waller Helms Company is pleased to have represented Legacy Asset Management, Inc. on its sale to OneDigital Investment Advisors LLC, a national investment adviser and wholly owned subsidiary of OneDigital, with over $100 billion in client assets. Legacy, led by Joe Birkofer, is an Independent RIA specializing in retirement plan consulting and wealth management with approximately $550 million in Assets Under Management and Administration and headquartered in Houston, Texas. As part of the transaction, Christi Allen and Adriana Elwood, Legacy’s next generation leadership team, became partners in OneDigital.

March 28, 2024

ACCUSERVE PARTNERS WITH FLEXPOINT FORD TO CONTINUE EXPANSION AND GROWTH STRATEGY

Accuserve Solutions, an independent managed repair services platform, and Aquiline Capital Partners LP, a private investment specialist in financial services and related technologies, announced today that they have reached an agreement for a majority investment from Flexpoint Ford, a private equity firm specializing in investments in the financial services and healthcare industries. Flexpoint’s partnership is expected to accelerate Accuserve’s growth as it continues to develop value added property claims solutions for insurance carriers, homeowners, and contractors.

March 6, 2024

PARK SUTTON ADVISES SEATTLE-BASED MDK PRIVATE WEALTH MANAGEMENT

Park Sutton Advisors, a Waller Helms Company is pleased to have represented MDK Private Wealth Management on its sale to Mercer Global Advisors, Inc., a national RIA with more than $56 billion in client assets. Founded in 2020 by Co-Founders Paul Meyer, Jaimi Dennehy, and Chris Kalafatis and complemented by a highly qualified team of professionals serving its Ultra High Net Worth clientele, MDK is a Seattle based comprehensive wealth management firm with assets under supervision of more than $2.5 billion. MDK offers a full range of family office services including financial planning, investment management, trust and estate planning, private banking and lending, tax planning, private aviation and boat advisory, and executive planning. MDK leads with a goals-based planning approach and acts as the “financial quarterback” for all its client’s assets and specializes in working with executive clients with regards to executive compensation planning and 10b5-1 plans.

March 4, 2024

LEE EQUITY PARTNERS COMPLETES MAJORITY INVESTMENT IN PCS RETIREMENT

Philadelphia, PA – PCS Retirement, a leading retirement plan recordkeeper focused on the ERISA and Non-ERISA markets, announced it received a majority investment from funds managed by Lee Equity Partners, LLC, a growth oriented middle market private equity firm. Terms of the transaction were not disclosed.

February 27, 2024

WHA HEALTHCARE 2023 YEAR-END NEWSLETTER

The Waller Helms healthcare team is pleased to share with you our 2023 Year-End Newsletter. We cover some of the most interesting and impactful transactions that we’re seeing in the market and identify the emerging trends that executives and investors should be aware of. With moderated deal activity across healthcare in 2023, we’ve also identified several sectors that are poised for a more active 2024.

February 13, 2024

DAVIES ANNOUNCES ACQUISITION OF LEADING INTERNATIONAL FORENSIC ACCOUNTING FIRM, MDD

Davies, the leading specialist professional services and technology business serving insurance and highly regulated markets, today announced that it has signed a deal to acquire the leading international forensic accounting firm, Matson, Driscoll & Damico.

February 12, 2024

BAIN CAPITAL INSURANCE TO RECAPITALIZE RYZE CLAIM SOLUTIONS

Ryze Claim Solutions, a full-service claims management business, today announced it has entered a definitive agreement to be recapitalized by Bain Capital Insurance, the dedicated insurance investing unit of Bain Capital. Following the transaction, Ryze will be majority-owned by Bain Capital Insurance with members of the management team and select individuals retaining a meaningful ownership stake in the business. Ryze will continue to operate under its current management team led by Executive Chairman, Tony Grippa, and President, Scott St. John. Financial terms of the private transaction were not disclosed.

February 5, 2024

PARK SUTTON ADVISES FOURTH STREET, A TOP INSTITUTIONAL CONSULTANT, ON ITS SALE TO ANDCO CONSULTING

Park Sutton Advisors, A Waller Helms Company, is pleased to have represented Fourth Street Performance Partners, Inc. on its sale to AndCo Consulting, LLC., a leading institutional consulting firm with approximately $90.7 billion of assets under advisement. AndCo is headquartered in Winter Park, Florida, and simultaneously announced its sale to Mariner Wealth Advisors. Fourth Street is headquartered in Covington, Kentucky, and has approximately $8.1 billion in AUA with a diverse client base comprised of endowments, foundations, religious organizations, healthcare organizations, and municipalities.

January 18, 2024

ENGRAVE WEALTH PARTNERS ANNOUNCES SALE TO CAPTRUST

Engrave Wealth Partners has announced its sale to CAPTRUST. Engrave, a wealth management firm based in The Woodlands, Texas, oversees more than $770 million in individual client assets.

December 28, 2023

PARK SUTTON ADVISES FOUNDATIONAL WEALTH ADVISORY ON ITS SALE TO WEALTH ENHANCEMENT GROUP

Park Sutton Advisors, A Waller Helms Company is pleased to have represented Foundational Wealth Advisory on its sale to Wealth Enhancement Group, an RIA headquartered in Minneapolis, Minnesota with over $72 billion in AUM. Founded in 2017, FWA is headquartered in Macon, Georgia and led by Eric Wilson, whose prior experiences include Merrill Lynch and Morgan Stanley.

December 21, 2023

PARK SUTTON ADVISES LANDMARK FINANCIAL ADVISORS, A LEADING RIA IN KENTUCKY

Park Sutton Advisors, a Waller Helms Company is pleased to have represented Landmark Financial Advisors, LLC on its sale to Wealth Enhancement Group, a national independent wealth management firm with over $72 billion in client assets. Led by Bill Borders and Brent Mason, Landmark is an independent RIA with approximately $543 million in AUM and headquartered in Bowling Green, Kentucky.

December 19, 2023

PARK SUTTON ADVISES $500M AUSTIN-BASED WEINHEIMER WEALTH ON SALE TO EXENCIAL WEALTH

Park Sutton Advisors, a Waller Helms Company is pleased to have represented Weinheimer Wealth Management on its sale to Exencial Wealth Advisors, a leading RIA with over $4 billion in AUM and headquartered in Oklahoma City, OK. Founded in 1997 and headquartered in Austin, TX with $500 million in AUM, Weinheimer specializes in providing bespoke financial planning services to over 400 families and business owners. The Firm is DFA approved with a highly credentialed staff of eight, including five CFPs.

December 11, 2023

PARK SUTTON ADVISES $1.1 BILLION SEATTLE AREA RIA TRUTINA FINANCIAL

Park Sutton Advisors, a Waller Helms Company, is pleased to announce its representation of Trutina Financial, LLC, in its acquisition by CAPTRUST . CAPTRUST, headquartered in Raleigh, NC, is a leading independent wealth and retirement manager with over $832 billion AUM/A. Trutina, based in Bellevue, Washington and founded in 2005, manages approximately $1.1 billion in wealth and retirement assets. Senior Partner and Chief Strategy Officer Matt Myers and Managing Partner and Chief Compliance Officer Geoffrey Schock, along with 13 additional colleagues, have joined CAPTRUST as part of this strategic move.

December 5, 2023

PARK SUTTON ADVISES PARAGON WEALTH STRATEGIES, A TOP FLORIDA RIA

Park Sutton Advisors, a Waller Helms Company is pleased to have represented Paragon Wealth Strategies, LLC on its acquisition by Mercer Global Advisors Inc., a leading RIA with $52 billion of AUM and headquartered in Denver, Colorado. Co-founded in 2008 by Jon Castle and Michelle Ash, PWS is a fee-only, independent RIA based in Jacksonville, Florida, with approximately $500 million of AUM.

November 16, 2023

WHA MARKET INSIGHTS: MINORITY INVESTMENTS CAN HELP FUEL GROWTH AND PRESERVE INDEPENDENCE

In this quarter’s piece, we address the factors driving minority investments in retail insurance distribution. Management teams and shareholders value the opportunity to address liquidity pressures, accelerate growth and add complementary expertise, all while remaining majority employee owned. Minority investments can also bolster a company’s prospects for long-term independence in a market where scale is increasingly important. For private equity, minority investments expand the investable universe in a coveted sector and M&A strategies create the potential for follow-on investments. The modern insurance broker is more than just retail – your financial advisor should be too!

November 13, 2023

NAVIGATE WELLBEING SOLUTIONS COMPLETES NEW PARTNERSHIP WITH MCCARTHY CAPITAL

Navigate Wellbeing Solutions, a well-tech company that has transformed how organizations improve their employees' wellbeing and engagement, announced that Navigate has partnered with McCarthy Capital to accelerate its growth. Terms of the transaction were not disclosed.

November 9, 2023

SIMPLICITY GROUP AND PASSERELLE PARTNERS JOIN FORCES

Simplicity Group Holdings, Inc., a leading financial products distribution firm, today announces a partnership with Passerelle Partners, a boutique insurance advisory firm, to build out its ultra-high net worth offering. Fernando Pou, Victoria Mayer, and Chris Daniels, founders of Passerelle, become Simplicity's newest partners.

November 9, 2023

FARMERS GROUP, INC. TO ACQUIRE THREE BROKERAGE ENTITIES AND THE FLOOD PROGRAM SERVICING ARM FROM THE FARMERS EXCHANGES

Farmers Group, Inc., a wholly-owned subsidiary of Zurich, has agreed to acquire three brokerage entities, as well as the flood program servicing arm of the Farmers Exchanges, for USD 760 million.

November 7, 2023

DOXA INSURANCE HOLDINGS ANNOUNCES ACQUISITION BY GOLDMAN SACHS ASSET MANAGEMENT

DOXA Insurance Holdings, one of the fastest growing niche underwriting and distribution companies in North America, announces it has entered into a definitive agreement to be acquired by Goldman Sachs Asset Management.

October 31, 2023

THE MCGOWAN COMPANIES ACQUIRES PROTEXURE INSURANCE

The McGowan Companies, a leading provider of diversified, specialty insurance programs and wholesale brokerage services, has completed the acquisition of Protexure Insurance Agency, a tech-enabled professional liability MGA. The acquisition adds specialized underwriting expertise to McGowan’s national portfolio of insurance programs.

October 24, 2023

PARK SUTTON ADVISES PRIVATE CAPITAL MANAGEMENT IN BAY-AREA RIA DEAL

Park Sutton Advisors, a Waller Helms Company is pleased to have represented Private Capital Management, Inc. on its sale to Beacon Pointe Advisors, LLC, a leading Registered Investment Advisor with $30 billion of assets under management and headquartered in Newport Beach, California. Based in Larkspur, California, PCM is a planning-focused firm with a track record of growth.

October 23, 2023

Pritzker Private Capital Completes Investment in Lawley

Pritzker Private Capital (“PPC”), a leader in family direct investing, today announced it has completed an investment in Lawley, an independent insurance broker and employee benefits firm. PPC’s investment will support Lawley in expanding into new markets and scaling its service offering for customers. Lawley’s current owners and management team, including Principals Bill Lawley, Jr., Chris Ross, and Michael Lawley, and other Lawley partners, will remain the majority owners and continue to lead the business. Terms of the transaction were not disclosed.

October 5, 2023

S&S HEALTH RECEIVES GROWTH INVESTMENT FROM LOVELL MINNICK PARTNERS

S&S Health, one of the leading providers of administration and technology solutions to self-insured employers, TPAs, and health plans, announced that it has received a majority investment from Lovell Minnick Partners to support its next chapter of growth. Terms of the transaction were not disclosed.

September 13, 2023

SUNSHINE LIFE & HEALTH ADVISORS COMPLETES PARTNERSHIP WITH ALLIANT INSURANCE SERVICES

Alliant Insurance Services has partnered with Sunshine Life & Health Advisors, a Florida-based health insurance firm focused on helping members of the Hispanic community understand and enroll in Affordable Care Act (ACA) health plans. Sunshine Life & Health Advisors serves clients in Florida and Texas as well as various Hispanic communities throughout the United States. The move expands Alliant’s direct-to-consumer capabilities and strengthens its Employee Benefits Group.

August 29, 2023

PARK SUTTON ADVISES FINANCIAL SOLUTIONS, A LEADING WISCONSIN RIA

Financial Solutions, LLC has been acquired by Pensionmark Financial Group, LLC, a leading RIA with $76 billion of supported assets. Pensionmark’s parent company is World Insurance Associates, LLC which is headquartered in New Jersey. FS is headquartered in Waukesha, Wisconsin, and has approximately $1.1 billion in assets under management / administration. Terms of the transaction were not disclosed.

August 11, 2023

PARK SUTTON REPRESENTS WOMEN-LED BELL ROCK CAPITAL ON SALE TO BRYN MAWR CAPITAL MANAGEMENT

Park Sutton Advisors, a Waller Helms Company, is pleased to have represented Bell Rock Capital on its sale to Bryn Mawr Capital Management, a registered investment adviser subsidiary of WSFS Financial Corporation. Terms of the transaction were not disclosed.

August 3, 2023

TEAM ONE AND SOUTHWEST ADJUSTERS COMPLETE MERGER BACKED BY LONGSHORE CAPITAL PARTNERS

Team One Adjusting Services, a provider of claims adjusting and claims management services, and Southwest Adjusters, a multi-line independent insurance adjustment agency, announced their merger to form the joint venture, Team One Insurance Services. Terms of the transaction were not disclosed.

July 12, 2023

PRIME CAPITAL INVESTMENT ADVISORS FORGES STRATEGIC PARTNERSHIP WITH ABRY PARTNERS

Prime Capital Investment Advisors proudly announces a new strategic partnership with Abry Partners, an established private equity firm with a 30-year track record of success in fueling business growth. Terms of the transaction were not disclosed.

July 11, 2023

WHA ADVISES HEALTHCARE SUBROGATION GROUP ON ITS SALE TO CARELON INSIGHTS, AN AFFILIATE OF ELEVANCE HEALTH

Waller Helms Advisors is pleased to have represented Healthcare Subrogation Group, LLC on its sale to Carelon Insights, Inc., an affiliate of Elevance Health, Inc. Terms of the transaction were not disclosed.

July 5, 2023

DAY & ENNIS, LLC HAS BEEN ACQUIRED BY MERCER ADVISORS

Day & Ennis, LLC has been acquired by Mercer Global Advisors, Inc., a national Registered Investment Adviser headquartered in Denver, Colorado with over $47 billion in assets under management. Founded in 1998 by John R. Day, CPA, PFS, and later joined by Partners William W. Ennis, CPA, PFS and Matthew E. Heller, CFP®, MBA, D&E is a fee-only, independent RIA headquartered in Macon, Georgia. D&E has an exceptionally strong cadre of professionals serving approximately 250 clients with AUM of approximately $400 million. Terms of the transaction were not disclosed.

July 5, 2023

AJ WEALTH HAS MERGED WITH CERITY PARTNERS

AJ Wealth has merged with Cerity Partners, a leading registered investment adviser ("RIA") with over $65 billion in assets under management (“AUM”) and headquartered in New York, NY. Founded in 2012 by Andrew Cooper and Justyn Volesko, AJ is a prominent multi-family office servicing ultra-high-net-worth (UHNW) individuals with significant expertise working with partners and founders of hedge funds, private equity and venture capital firms, business owners, and C-suite executives. The combination adds more than 40 employees to the Cerity Partners team and a unique area of expertise in complex estate and tax planning issues for clients with carried interests in their firm’s investment funds.

June 16, 2023

WHA MARKET INSIGHTS: INSURANCE + WEALTH IS A WINNING COMBINATION

The modern insurance broker is more than just retail P&C – your financial advisor should be too! In this quarter’s piece, we highlight the convergence of traditional insurance, retirement and wealth services and the different strategies to offer these complementary capabilities. The competition for wealth and retirement services is fierce as RIA / wealth platforms, third-party capital and, increasingly, insurance brokers seek to add or expand their capabilities. As the leading advisor to the wealth and insurance services sectors, Waller Helms Advisors has significant insights into market trends and winning strategies.

June 12, 2023

WELLWORKS FOR YOU COMPLETES NEW PARTNERSHIP WITH RIVERGLADE

RiverGlade Capital, a healthcare-focused private equity firm, has formed a new partnership with Wellworks For You, a leading technology-enabled provider of comprehensive wellness and population health management services to employers, health systems, health plans and resellers. Terms of the transaction were not disclosed.

June 8, 2023

PARK SUTTON ADVISES ACG ON ITS SALE TO WEALTHSPIRE

Actuarial Consulting Group, Inc. and Actuarial Consulting Group Advisory Services, Inc. has been acquired by Wealthspire Advisors, LLC, a leading Registered Investment Adviser with $19.1 billion in assets under management and advisement. ACG is headquartered in Richmond, VA, and has approximately $1 billion in AUM/A. Terms of the transaction were not disclosed.

June 1, 2023

OMEGA WEALTH PARTNERS HAS BEEN ACQUIRED BY CAPTRUST

Omega Wealth Partners has sold to CAPTRUST Financial Advisors, a leading registered investment adviser with over $714 billion in Assets Under Management and Advisement and headquartered in Raleigh, NC. Founded in 1973 and headquartered in Fort Worth, TX, Omega is a wealth management firm specializing in multi-generational planning with $710 million in AUM. The Firm was established by Joe Hardgrove and today is co-led by Tom Hardgrove, John Dickens, and Tammy Bryant. Under their leadership, Omega has expanded to 9 team members and has become the third-largest independent RIA headquartered in Fort Worth. Terms of the transaction were not disclosed.

June 1, 2023

BRECKENRIDGE IS, INC. ANNOUNCES SALE OF INSURANCE SERVICES DIVISION TO ACCRETIVE INSURANCE SOLUTIONS, INC.

Breckenridge IS, Inc., a diversified insurance distribution and services firm and wholly owned subsidiary of W.R. Berkley Corporation, today announced the sale of its Insurance Services Division to Accretive Insurance Solutions, Inc. Terms of the transaction were not disclosed.

May 31, 2023

ENCOVA LIFE INSURANCE COMPANY TO BE ACQUIRED BY PAN-AMERICAN LIFE INSURANCE COMPANY

Encova Mutual Insurance Group and Pan-American Life Insurance Company announced that Encova Life Insurance Company, an affiliate of Encova Insurance, will be acquired by and merged into PALIC. Terms of the transaction were not disclosed.

May 16, 2023

FLEXPOINT FORD MAKES EQUITY INVESTMENT IN SAGESURE TO SUPPORT CONTINUED GROWTH

SageSure, one of the largest MGUs focused on cat-exposed property insurance, announced the close of a $250 million equity investment led by Amwins and Flexpoint Ford (“Flexpoint”). The investment will in part position SageSure to continue its growth as the organization surpasses $1 billion of inforce premium. Terms of the transaction were not disclosed.

May 2, 2023

WEALTHTECH MARKET UPDATE SPRING 2023

Waller Helms Advisors is pleased to present its Spring 2023 WealthTech Market Update. The publication covers recent industry trends, notable transactions and select companies driving innovation. We also share our key takeaways from the 2023 Technology Tools for Today (T3) conference where we connected with several companies, experts, and investors. The wealth management industry is undergoing major disruption. Some of the trends include wirehouse advisors flight to independence; demographic shift of wealth; and rising client expectations of advisors. Technology is fueling this disruption and is redefining the advisor-client relationship. Clients demand holistic advice, greater personalization, and proactive and meaningful engagement. Digital transformation provides exciting opportunities for wealth managers to unlock client-centricity, strengthen operations, increase productivity, and address regulations and cybersecurity threats.

May 1, 2023

PARSEC FINANCIAL HAS MERGED WITH MODERA WEALTH MANAGEMENT

Parsec Financial has merged with Modera Wealth Management, a fee-only registered investment adviser headquartered in Westwood, NJ. Founded in 1980 and headquartered in Asheville, NC, Parsec is a fee-only full-service wealth management firm with six offices in North Carolina and $3.75 billion in AUM. The combination creates one of the largest independent wealth management firms on the East Coast, with over $10.5 billion of AUM and over 180 employees across 14 offices between Massachusetts and Florida. Terms of the transaction were not disclosed.

April 24, 2023

QA WEALTH MANAGEMENT WAS ACQUIRED BY CAPTRUST

QA Wealth Management (“QA”) has been acquired by CAPTRUST, a leading registered investment adviser (“RIA”) with over $900 billion in Assets Under Management and Advisement (“AUM/A”) and headquartered in Raleigh, NC. Headquartered in the Minneapolis Area, QA specializes in working with Big Four professionals, providing them with financial advice, planning, and investment management. QA was founded in 2000 by John Wing. It is today led by CEO Dan Westin with $770 million in Assets Under Management and additional $1.2 billion under Advisement. Terms of the Transaction were not disclosed.

April 13, 2023

DAVIES GROUP ACQUIRES AFIRM SOLUTIONS

Davies, the leading specialist professional services and technology business, serving insurance and highly regulated markets, today announced that it has acquired Afirm Solutions (“Afirm”), the specialist provider of premium audit, loss control inspection and risk mitigation services for insurance carriers, insurance distribution platforms, and third-party administrators (TPAs). Headquartered in Fort Collins, Colorado, U.S., Afirm is a nationwide full-service provider of premium audit and loss control inspection services across personal & commercial lines of insurance throughout all 50 U.S. states & parts of Canada. Prior to this transaction, Afirm was a wholly owned subsidiary of Kaufman Financial Group, a global network of companies dedicated to shaping the insurance industry. The Kaufman Group’s flagship brand is Burns & Wilcox, an industry-leading provider of specialty insurance solutions with over $2 billion in annual premium. Terms of the transaction were not disclosed.

March 23, 2023

HERON WEALTH HAS BEEN ACQUIRED BY WEALTHSPIRE

Park Sutton Advisors, a Waller Helms Company is pleased to have represented Heron Financial Group, LLC on its acquisition by Wealthspire Advisors, LLC, a leading Registered Investment Adviser with $19 billion in assets under management and advisement. Heron is based in New York, NY.

March 10, 2023

MONROE VOS HAS BEEN ACQUIRED BY CAPTRUST

Park Sutton Advisors, a Waller Helms Company is pleased to have represented Monroe Vos Consulting on its acquisition by CAPTRUST, a leading registered investment adviser headquartered in Raleigh, NC, with over $125 billion in assets under management with an additional $775B under advisement. Headquartered in Houston, TX, Monroe Vos provides advisory and wealth management services to high-net-worth individuals, family offices, retirement plans, endowments, and foundations. Monroe Vos currently manages over $5.8 billion of AUA. Terms of the transaction were not disclosed.

March 9, 2023

CORNERSTONE WEALTH MANAGEMENT IS ACQUIRED BY PRIME CAPITAL INVESTMENT ADVISORS

Park Sutton Advisors, a Waller Helms Company is pleased to have represented Cornerstone Comprehensive Wealth Management on its acquisition by Prime Capital Investment Advisors, a leading registered investment adviser with over $23 billion in assets under management and advisement and headquartered in Overland Park, KS. With approximately $400 million in assets, Cornerstone is among the largest RIAs in Reno and brings decades of experience providing premium, high-touch client services to individuals & families. Terms of the transaction were not disclosed.

March 8, 2023

TELARRAY WAS ACQUIRED BY CREATIVE PLANNING

Park Sutton Advisors, a Waller Helms Company is pleased to have represented Telarray, LLC on its acquisition by Creative Planning, LLC, a leading registered investment adviser, headquartered in Overland Park, KS, with over $200 billion in assets under management and advisement (“AUM/A”). Headquartered in Memphis, TN, Telarray is a financial planning and investment management firm with $1 billion in client assets. The Firm was founded in 2005 and has since grown to a team of 18 individuals. Terms of the transaction were not disclosed.

March 1, 2023

ALACRITY SOLUTIONS ACQUIRES SPARTAN RECOVERIES

Alacrity Solutions Group, LLC (“Alacrity Solutions”), a recognized leader in providing insurance claims management services in North America, today announced the acquisition of Spartan Recoveries LLC (“Spartan”). Founded in 2010, Spartan is a leading, tech-enabled provider of independent subrogation solutions to the property and casualty industry. The company’s tools and strategies enable the review of large quantities of data to quickly determine where recovery opportunities exist and lead to shorter recovery cycle-times, reduced expenses and a significant increase in net recoveries for clients.

February 28, 2023

ELITE CONSTRUCTION SOLUTIONS CONTINUES ITS GROWTH WITH THE ACQUISITION OF TWO RESTORATION CONTRACTING FIRMS

Elite Construction Solutions (ECS), an integrity-driven contractor, specializing in storm restoration and mitigation, recently acquired Universal Roofing & Exteriors and Jackson Contracting. The acquisition immediately expands ECS’s footprint into the Indiana market where it will offer best-in-class exterior general contracting services. This acquisition also allows Universal and Jackson to fully leverage ECS’s suite of shared services including its storm restoration training, estimating services, proprietary technology, data analytics and back-office resources.

February 27, 2023

STRATEGIC RISK SOLUTIONS ANNOUNCES PARTNERSHIP WITH INVESTMENT FIRM INTEGRUM

Strategic Risk Solutions (“SRS”; “the Company”), the world’s largest independent insurance company manager, today announced that it has partnered with Integrum Holdings LP (“Integrum”) to further enhance the Company’s services within the captive insurance and alternative risk markets. Integrum is an investment firm focused on partnering with technology-enabled services companies in the financial and business services sectors. Integrum’s investment will allow SRS to build on its foundation of independence, quality, and expertise to deepen its existing relationships, expand both geographically and in its service offerings, as well as more actively pursue strategic acquisitions and partnerships.

February 2, 2023

ALACRITY SOLUTIONS ANNOUNCES STRATEGIC INVESTMENT FROM BLACKROCK ALTERNATIVES’ LONG TERM PRIVATE CAPITAL

Alacrity Solutions Group, LLC, a recognized leader in providing insurance claims management services in North America, today announced that BlackRock Alternatives, through its Long Term Private Capital strategy, has acquired a majority interest in the Company. Alacrity’s incumbent majority investor, Kohlberg & Company, and management will retain a significant minority interest in the Company. Terms of the transaction were not disclosed.

February 2, 2023

LMP SUPPORTS DEFINITI'S NEXT CHAPTER OF GROWTH WITH NEW MAJORITY INVESTMENT

Lovell Minnick Partners, a private equity firm with a 20+ year track record of partnering with growth-oriented companies, today announced the signing of a definitive agreement to acquire a majority stake in Definiti LLC to support its next chapter of growth. Definiti is a national retirement services firm that supports more than 8,000 workplace organizations and 10,000 retirement plans across the US. This investment will enable Definiti to accelerate investments in client service, technology, innovation, and talent. LMP supports Definiti’s plans to advance its client offerings and organic growth initiatives while continuing its highly successful acquisition strategy. Terms of the deal were not disclosed.

January 26, 2023

REYNOLDS AND REYNOLDS ACQUIRES GUARDIAN WARRANTY SERVICES, INC.

The Reynolds and Reynolds Company announced the acquisition of American Guardian Warranty Services, a premier provider of vehicle service contracts, limited warranties, and other F&I products and services. The acquisition will provide a clear path for dealers looking to streamline selling aftermarket products no matter where the customer is – online, in-store, or a combination of the two.

January 10, 2023

PICWELL, INC WAS ACQUIRED BY JELLYVISION

Jellyvision, the company behind ALEX®, the leading employee benefits engagement technology, announced it has acquired Picwell, a healthcare technology company focused on AI-generated benefits decision support. Together, the two SaaS companies will offer a first-of-its-kind benefits experience for employees, leveraging behavioral science and predictive analytics to deliver highly personalized benefits recommendations and ongoing engagement. Terms of the transaction were not disclosed.

January 5, 2023

CAC SPECIALTY AND COBBS ALLEN MERGE IN TRANSFORMATIVE COMBINATION

CAC Specialty, an industry-leading specialty broker, and Cobbs Allen, a P&C and employee benefits broker with a 135-year history, have completed a merger. The transaction brings together two highly complementary, top-100 brokers and creates a fully integrated specialty platform capable of serving a broad array of clients. The combined company will remain employee-owned.

January 4, 2023

STONNINGTON GROUP HAS BEEN ACQUIRED BY PRIME CAPITAL INVESTMENT ADVISORS

Prime Capital Investment Advisors, has announced its acquisition of Pasadena-based registered investment advisor Stonnington Group. The acquisition expands PCIA’s presence in Southern California and adds $575 million in assets under management. Stonnington Group brings decades of experience servicing high-net-worth individuals and families to PCIA, led by Nick Stonnington, President and Advisor. Nick is joined by 4 additional employees, including one additional advisor, that will continue to serve their 275 clients in partnership with PCIA.

December 29, 2022

PARK SUTTON ADVISES MARYLAND CAPITAL MANAGEMENT ON ITS PARTNERSHIP WITH CERITY PARTNERS

Maryland Capital Management, LLC has been acquired by Cerity Partners LLC, a leading registered investment adviser (“RIA”) headquartered in New York, NY, with over $65 billion in assets under management and advisement. Headquartered in Baltimore, MD, with a second office in Bonita Springs, FL, MCM is a wealth management, financial planning, and investment management firm with approximately $2.1 billion in assets spanning 42 states.

November 17, 2022

STATE OF THE RIA M&A MARKET- WEBINAR FULL

November 17, 2022

STATE OF THE RIA M&A MARKET- SIZZLE REEL

September 29, 2022

THE VISTRIA GROUP, CENTURY EQUITY PARTNERS AND FLORES & ASSOCIATES ANNOUNCE STRATEGIC PARTNERSHIP

The Vistria Group announced an investment in Flores & Associates LLC (Flores or the "company"), a leading provider of benefit technology solutions and administrative services to employers throughout the United States. As part of the transaction, Century Equity Partners and The Vistria Group will each hold equal ownership in the Company and continue to back the current management team, led by Gary Trainor and Jody Oliver.

September 19, 2022

CORSAIR CAPITAL MAKES SIGNIFICANT INVESTMENT TO SUPPORT MERGER OF MIRACLE MILE ADVISORS AND KARP CAPITAL

Miracle Mile Advisors and Karp Capital Management announced that they intend to combine, creating an award-winning, national wealth advisory firm with over $4 billion in assets under management serving clients from five main offices. In conjunction with the transaction, the combined company will receive a significant investment from Corsair Capital, a leading private equity firm in the financial and business services industries. The combination and subsequent Corsair investment is expected to be completed in November 2022, subject to customary closing conditions.

September 14, 2022

PATRA SECURES GROWTH EQUITY INVESTMENT FROM FTV CAPITAL

Patra Corporation, a leading technology-enabled services company for the insurance industry, today announced a growth investment as part of a recapitalization from FTV Capital, a sector-focused growth equity firm with nearly 25 years of experience investing in technology-enabled services. This funding will drive additional growth through market expansion and accelerate the deployment of technologies that drive automation and digitization of policy and administrative services Patra delivers to their clients.

September 9, 2022

DAVIES GROUP ACQUIRES JOHNS EASTERN COMPANY, INC.

Davies Group, the leading specialist professional services and technology business serving insurance and highly regulated markets, has announced the acquisition of Johns Eastern Company, Inc., a leading Third Party Administration (TPA) and independent adjusting firm based in Sarasota, Florida.

August 25, 2022

ELITE CONSTRUCTION SOLUTIONS CONTINUES ITS GROWTH WITH ACQUISITION OF PROPERTY RESTORATION PLATFORM 123 EXTERIORS

Elite Construction Solutions (ECS), the leading provider of educational, business improvement and direct contracting solutions in the contracting space, has acquired 123 Exteriors. Founded in 2006, 123 Exteriors serves eight markets in seven different states and is widely recognized as one of the largest and most professional companies in the storm restoration industry. The acquisition of 123 Exteriors enhances ECS’s partner contractor strategy which is core to its broader vision of unifying contractors and insurance carriers in support of homeowners in need.

August 8, 2022

TRUIST INSURANCE HOLDINGS ENHANCES CLIENT OFFERINGS WITH ACQUISITION OF BENEFITMALL FROM CARLYLE

Truist Insurance Holdings, Inc., a subsidiary of Truist Financial Corporation (NYSE: TFC) and the sixth-largest insurance brokerage in the U.S., announced today that it has signed a definitive agreement to acquire BenefitMall, the nation’s largest benefits wholesale general agency, from funds managed by global investment firm Carlyle (NASDAQ: CG). The transaction will add approximately $150 million of annual revenue to Truist Insurance Holdings’ wholesale division. Financial terms were not disclosed. The transaction is expected to close in the third quarter of 2022, subject to satisfaction of customary closing conditions.

August 8, 2022

ASSURED RELOCATION ACQUIRED BY CRS TEMPORARY HOUSING

Assured Relocation (“Assured”) has been acquired by CRS Temporary Housing (“CRS”), a national temporary housing company that provides complementary services for short and long-term housing stays. CRS is a portfolio company of Reverence Capital. The acquisition will add significant scale and will position the combined entity as the largest standalone temporary housing company in the industry.

July 21, 2022

WHA HEALTHCARE QUARTERLY SECTOR UPDATE

The Waller Helms healthcare team is pleased to share with you our Q2 2022 “WHA Healthcare Quarterly Sector Update.” Every quarter we cover some of the most interesting and sector shifting deals that we’re seeing in the market and identify the emerging trends that executives and investors should be aware of. With digital health deals cooling in 2022, this quarter we identified a few sectors which are still attracting heated deal activity.

June 23, 2022

U.S. FORENSIC WAS ACQUIRED BY APPLIED TECHNICAL SERVICES

U.S. Forensic, a national provider of evaluation, reporting, and expert witness testimony forensic services, has been acquired by Applied Technical Services (“ATS”), a technologically advanced testing and inspection firm with extensive consulting and engineering capabilities. The transaction combines U.S. Forensic’s licensed fact-finding experience and extensive pool of engineering resources with ATS’s advanced lab capabilities and testing services.

June 22, 2022

ALACRITY SOLUTIONS GREATLY EXPANDS SUITE OF SERVICES WITH ACQUISITION OF PROPERTY DAMAGE APPRAISERS, INC.

Alacrity Solutions Group, LLC (“Alacrity Solutions”), a recognized leader in providing insurance claims management services in North America, today announced the acquisition of Property Damage Appraisers (“PDA”). Financial terms of the transaction were not disclosed.

June 17, 2022

TMK ANNOUNCES SALE OF TOKIO MARINE HIGHLAND'S US CONSTRUCTION MGA TO INTACT INSURANCE GROUP

Tokio Marine Kiln (TMK) announced that a definitive agreement has been signed with Intact Insurance Group (Intact) for the sale of Tokio Marine Highland’s (TMH) US construction division. The transaction is subject to customary regulatory approvals and is expected to close in the second half of 2022.

May 31, 2022

VENSURE EMPLOYER SERVICES STRENGTHENS MIDWEST PRESENCE WITH ACQUISITION OF EMPOWER HR

EmPower HR, a leading provider of professional employer organization (“PEO”) and HR services to employers, has been acquired by Vensure Employer Services (“Vensure”), the largest privately-held PEO in the United States.

May 25, 2022

WALLER HELMS ADVISORS TO ACQUIRE PARK SUTTON ADVISORS

Waller Helms Advisors has agreed to acquire Park Sutton Advisors LLC (“PSA”), the leading investment bank focused on M&A advisory for the wealth and investment management sector.

April 24, 2022

JOHNSON & JOHNSON ACQUIRES SELECT WHOLESALE AND MGU DIVISION OF MIDLANDS MANAGEMENT CORPORATION

Johnson & Johnson will expand its footprint into Texas and Oklahoma by acquiring the assets of the Wholesale Brokerage & Binding and Managing General Underwriting units of Midlands Management Corporation.

April 13, 2022

WHA QUARTERLY HEALTHCARE SECTOR UPDATE & VERTICAL DEEP DIVE

The Waller Helms healthcare team is pleased to share with you our Q1 2022 “WHA Healthcare Quarterly Sector Update & Vertical Deep Dive.” Every quarter we cover some of the most interesting and sector shifting deals that we’re seeing in the market and identify the emerging trends that executives and investors should be aware of. To better inform readers, we also do a deep dive on a vertical that is seeing increased activity for M&A and within the investor community.

April 6, 2022

THE MATHER GROUP, A LEADING WEALTH MANAGEMENT PLATFORM, HAS BEEN RECAPITALIZED BY THE VISTRIA GROUP

The Mather Group, LLC (TMG) announced it recieved a significant strategic investment from The Vistria Group, a Chicago-based next generation middle market private equity firm focused on financial services, healthcare and education.

February 1, 2022

TRIVE CAPITAL PARTNERS WITH ALLCAT CLAIMS SERVICE

Trive Capital (“Trive”), the Dallas-based private equity firm, recently completed an investment in Allcat Claims Service (“Allcat”).

January 27, 2022

WALLER HELMS ADVISORS HAS RECORD YEAR IN 2021 WITH 25 ANNOUNCED TRANSACTIONS REPRESENTING AGGREGATE DEAL VALUE OF $7.5B+

8 Transactions Announced Since December 1st, Including 3 in 2022

January 25, 2022

LION STREET, A LEADING INSURANCE DISTRIBUTION AND WEALTH MANAGEMENT PLATFORM, HAS BEEN ACQUIRED BY INTEGRITY MARKETING GROUP

Integrity Marketing Group, LLC (“Integrity”), an omnichannel insurtech leader in life, health and wealth solutions, today announced it has acquired Lion Street, an elite national network of agencies and professionals providing life insurance, wealth management and financial planning solutions to high-net-worth clients.

January 13, 2022

AMBA ANNOUNCES AGREEMENT WITH MARSH MCLENNAN TO ACQUIRE MERCER'S ASSOCIATIONS BUSINESS

Association Member Benefits Advisors (AMBA), a national affinity-based membership and marketing insurance agency, announced that it has reached an agreement to acquire Mercer's Associations business.

January 12, 2022

WHA QUARTERLY HEALTHCARE SECTOR UPDATE & VERTICAL DEEP DIVE

The Waller Helms healthcare team is pleased to share with you our Q4 2021 “WHA Healthcare Quarterly Sector Update & Vertical Deep Dive.” Every quarter we cover some of the most interesting and sector shifting deals that we’re seeing in the market and identify the emerging trends that executives and investors should be aware of. To better inform readers, we also do a deep dive on a vertical that is seeing increased activity for M&A and within the investor community.

January 11, 2022

MARSHBERRY SECURES GROWTH CAPITAL FROM ATLAST MERCHANT CAPITAL

Atlas Merchant Capital (“Atlas”), an investment firm focused on the financial services sector is pleased to announce its partnership with MarshBerry, an investment banking and consulting firm serving the Insurance Distribution and Wealth Management industries.

December 31, 2021

UNDERWRITERS SAFETY & CLAIMS WAS ACQUIRED BY CHARLES TAYLOR

Charles Taylor Strengthens Claims Solutions with Acquisition of Underwriters Safety & Claims, LLC., A Third-Party Administrator Based in Louisville, Kentucky

December 17, 2021

DONAN AND CCG IQ COMPLETE MERGER TO CREATE MARKET LEADER IN ANALYTICAL CLAIMS SERVICES FOR THE INSURANCE INDUSTRY

Donan, a forensic engineering and investigation firm dedicated to answering today’s property challenges and revolutionizing tomorrow’s property solutions, and CCG IQ, a provider of innovative solutions that enable better insurance underwriting and claims decisions, announced an agreement to combine, creating a leading platform for actionable intelligence across the insurance industry.

December 13, 2021

MERLINOS & ASSOCIATES, INC. WAS ACQUIRED BY DAVIES GROUP

Davies, the leading specialist professional services and technology business, serving insurance and highly regulated markets, today announced that it has signed a purchase agreement to acquire Merlinos & Associates Inc. (“Merlinos”), the Georgia, US based insurance-focused actuarial consulting business.

December 1, 2021

CROUSE AND ASSOCIATES WAS ACQUIRED BY RYAN SPECIALTY GROUP

Ryan Specialty Group (NYSE: RYAN) (“Ryan Specialty”), a leading international specialty insurance firm, today announced the acquisition of transportation specialist Crouse and Associates (“Crouse”).

November 1, 2021

GRANADA INSURANCE COMPANY AND GIC UNDERWRITERS HAVE BEEN ACQUIRED BY AN INVESTOR GROUP

Granada Insurance Company and GIC Underwriters (collectively, “Granada”) have been acquired by an investor group.

October 19, 2021

WHA QUARTERLY HEALTHCARE SECTOR UPDATE & VERTICAL DEEP DIVE

The Waller Helms healthcare team is pleased to introduce our new “WHA Healthcare Quarterly Sector Update & Vertical Deep Dive.” Every quarter we will be covering some of the most interesting and sector shifting deals that we’re seeing in the market and identifying the emerging trends that executives and investors should be aware of. To better inform readers, we will also do a deep dive on a vertical that is seeing increased activity for M&A and within the investor community.

October 13, 2021

VIMLY BENEFIT SOLUTIONS, A LEADING HRIS BENTECH SOFTWARE PLATFORM FOR ENROLLMENT AND BILLING, COMPLETES A GROWTH CAPITAL RAISE

Vimly Benefit Solutions (“Vimly”), one of the leading HRIS BenTech platforms that provides a digital quote-to-card experience for carriers, third-party administrators, general agents, brokers, employers, and employees, announces the closing of a growth equity financing round.

September 15, 2021

CUSTARD COMPANIES ACQUIRE SPECIALTY GROUP, INC.

Custard Companies, a nationally recognized claim solutions provider, announced the acquisition of Specialty Group, Inc. (SGI), a Florida based field adjusting, Special Investigations Unit (SIU) and Third Party Administration (TPA) claims company.

August 9, 2021

LEGACY RESTORATION RECEIVED A MAJORITY INVESTMENT FROM BESSEMER INVESTORS

Legacy Restoration , a leading provider of exterior restoration and remodeling services, and Bessemer Investors LLC, a New York-based investment firm, announced today that Bessemer has made a majority investment in Legacy.

July 12, 2021

LIBERTY MUTUAL INSURANCE BOLSTERS INDEPENDENT AGENT NETWORK WITH AGREEMENT TO ACQUIRE STATE AUTO GROUP

Liberty Mutual Holding Company Inc. and State Auto Financial Corporation announced that they have signed a definitive agreement pursuant to which Liberty Mutual would acquire State Auto Group, a super-regional insurance holding company headquartered in Columbus, Ohio.

June 30, 2021

INSURE HOMES INVESTS IN STRUCSURE HOME WARRANTY

Milestone Partners has announced that specialty insurance holding company, Insure Homes, received regulatory approval from the domestic regulator to complete its investment in StrucSure Home Warranty, LLC and its affiliated reinsurance and insurance service entities, Four Points Re SPC, LTD, Golden Insurance Company and SHW Insurance Services, Inc. (collectively “StrucSure”).

June 16, 2021

IAS CLAIM SERVICES HAS BEEN ACQUIRED BY THE DAVIES GROUP

Davies expands its property field adjusting and TPA solutions in North America through the acquisition of IAS Claim Services

June 8, 2021

TEAM FOCUS INSURANCE GROUP TO BE ACQUIRED BY PEAK6 INSURANCE OPERATIONS

The combined business will look to leverage its collective capabilities and industry expertise to drive rapid scale, both organically and through M&A.

April 20, 2021

DAMA FINANCIAL, THE LEADING PROVIDER OF ACCESS TO BANKING AND FINANCIAL SOLUTIONS FOR CANNABIS BUSINESSES, ANNOUNCES THE COMPLETION OF $12.6 MILLION GROWTH EQUITY RAISE

Dama will leverage the new round of investment to accelerate its already impressive growth, continue to address the lack of financial service products being offered to the cannabis industry, recruit top talent, and scale the business with the backing and support of its investors.

April 20, 2021

DAVID MORSE AND ASSOCIATES (DMA) WAS ACQUIRED BY VENBROOK GROUP, LLC

Venbrook Group, LLC (Venbrook), one of the largest independent insurance distribution and services firms in the U.S., announced today the acquisition David Morse & Associates (DMA). Since partnering with Parthenon Capital, a leading growth-oriented private equity firm, in 2020, the company has experienced a year of rapid growth.

April 16, 2021

LANCER INSURANCE COMPANY ANNOUNCES MERGER WITH CORE SPECIALTY

The combination joins two highly complementary businesses with a shared strategic vision to become the leading specialty P&C insurer.

April 15, 2021

RELIANCE STANDARD, A MEMBER OF THE TOKIO MARINE GROUP, AGREES TO ACQUIRE TOP-TIER NEW YORK STATUTORY INSURER STANDARD SECURITY LIFE INSURANCE COMPANY OF NEW YORK

This transaction will add scale and expertise to Reliance Standard and allow operations to scale both within New York as well as new markets.

April 7, 2021

MS AMLIN ACQUIRES INTERNATIONAL TRANSPORTATION & MARINE AGENCY

Launch of new strategy to target high growth US specialty MGA market.

April 6, 2021

AccuRisk Solutions LLC Joins The Ardonagh Group

AccuRisk Solutions announces that it has joined the Ardonagh Group and will operate within Ardonagh’s Global Partners Segment.

March 23, 2021

ENSUREM ACCEPTS STRATEGIC ACQUISITION BY PRIVATE INVESTMENT FIRM, 777 PARTNERS

This acquisition follows several years of significant growth at Ensurem.

March 16, 2021

BC PARTNERS INVESTS IN DAVIES TO SUPPORT GLOBAL EXPANSION AND DIGITAL TRANSFORMATION

This new partnership will diversify and strengthen Davies shareholder base, as it seeks to drive further global expansion, increase investment in technology and digital transformation, and to continue to partner with complementary businesses via M&A.

March 9, 2021

DAVIES ANNOUNCES EXPANSION OF US SPECIALIST CLAIMS TPA & ADJUSTING CAPABILITIES THROUGH THE ACQUISITION OF THE LITTLETON GROUP

Under the deal Littleton will join Davies’ rapidly growing US based Claims Solutions arm, adding significant scale to its existing Property & Casualty operations

March 5, 2021

GENSTAR CAPITAL COMPLETES SALE OF WORLDWIDE FACILITIES TO AMWINS GROUP

The acquisition strengthens Amwins' U.S. presence, as well as brokerage, underwriting and binding authority and group benefits divisions

February 11, 2021

ONE DIGITAL ACQUIRES HM EMPLOYEE BENEFITS AND RISK MANAGEMENT

The Acquisition Marks OneDigital’s First Expansion Into Property and Casualty

February 9, 2021

CNO FINANCIAL GROUP ACQUIRES DIRECTPATH, A NATIONAL PROVIDER OF TECHNOLOGY-DRIVEN EMPLOYEE BENEFITS MANAGEMENT SERVICES

Acquisition enhances Worksite Division growth outlook; Adds key solutions for both employers and employees.

February 1, 2021

ALACRITY SOLUTIONS ACQUIRES FOURSEVENTY CLAIM MANAGEMENT

Acquisition further expands Alacrity’s footprint in insurance claims management industry.

January 5, 2021

WALLER HELMS ADVISORS PROMOTES ANDREW COCHRAN & ALEX WEISS TO MANAGING DIRECTOR; MATTHEW BOTEK TO ASSOCIATE

Cochran and Weiss will also become Partners in the firm, reflecting their significant contributions and leadership within WHA’s insurance and healthcare practices, respectively.

December 31, 2020

HANCOCK CLAIMS CONSULTANTS ANNOUNCES A NEW CAPITAL INVESTMENT FROM CENTURY EQUITY PARTNERS

Hancock Claims Consultants Holdings, LLC (“Hancock”), a leading property and casualty inspection business, has entered into an agreement with Century Equity Partners pursuant to which Century becomes the new majority owner of Hancock.

December 30, 2020

GLOBAL RISK SOLUTIONS, INC. ACQUIRES TAILORED ADJUSTMENT SERVICES, INC.

Global Risk Solutions, Inc., a leading provider of diverse solutions for property and casualty claims, environmental risk management and complex claims, has acquired Tailored Adjustment Services Inc.

November 1, 2020

NEW MOUNTAIN CAPITAL COMPLETES MINORITY INVESTMENT IN IMA FINANCIAL GROUP

IMA Financial Group (“IMA” or “the Company”), a leading national insurance brokerage, has sold a minority stake to an experienced group of long-term investors. The syndicate was led by New Mountain Capital, a growth-oriented investment firm with $28 billion in assets under management.

October 16, 2020

LEE EQUITY PARTNERS TO ACQUIRE SIMPLICITY

Simplicity Group Holdings ("Simplicity"), a leading financial products distribution business, today announced that it has entered into an agreement with Lee Equity Partners ("Lee Equity") pursuant to which Lee Equity will become the new majority owner of the company.

October 8, 2020

ONEX TO MAKE A MAJORITY INVESTMENT IN ONEDIGITAL

Transaction Values OneDigital at $2.65 Billion

September 9, 2020

WALLER HELMS ADVISORS ADDS SENIOR FINANCIAL TECHNOLOGY AND HEALTHCARE INVESTMENT BANKERS

We are pleased to announce the recent additions of Alain Nono and Kari O'Brien to the WHA team.

September 1, 2020

SEDGWICK ACQUIRES NATIONWIDE APPRAISALS

Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions, acquired Nationwide Appraisals, a premier auto damage appraiser and inspection provider for the insurance industry.

July 23, 2020

WALLER HELMS ADVISORS APPOINTS JAMES ANDERSON AS CHIEF EXECUTIVE OFFICER

Anderson Brings a Proven Track Record of Leading High-Performing Teams, Deep Industry Knowledge, and Strong M&A Expertise to the Growth-Oriented Firm.

April 2, 2020

HGGC ACQUIRES LEADING INSURANCE BROKER PCF INSURANCE

Management, employee owners, and existing investor BHMS Investments have retained minority investments.

March 2, 2020

COVERYS MAKES MAJORITY INVESTMENT IN HEALTHCARE RISK MANAGEMENT AND TECHNOLOGY PLATFORM ARCHWAY HEALTH

The partnership with Coverys provides Archway with additional resources to continue building its best-in-class bundled payment and value-based care platform, as well as expand its MGU and employer stop loss products.

February 1, 2020

PROASSURANCE CORPORATION ANNOUNCED THE SIGNING OF A DEFINITIVE AGREEMENT TO ACQUIRE NORCAL GROUP

The transaction, when completed, will result in the creation of the nation's third largest medical professional liability insurance carrier, based on 2019 estimated statutory data.

January 19, 2020

2019 MARKED A RECORD YEAR FOR WALLER HELMS ADVISORS AND THE MOMENTUM CONTINUES IN 2020

In 2019, WHA advised on a record 21 transactions representing more than $4 billion in aggregate value. In addition, WHA combined forces with StoneRidge Advisors in July and enters 2020 with 22 investment banking professionals focused on delivering excellent results for clients across our sectors.