Kohlberg & Co. Buys Insurance and Benefits Brokerage
July 01, 2013
Kohlberg & Company, a middle-market PE investor, has acquired a majority stake in Risk Strategies. Based in Boston, Risk Strategies is a national insurance & benefits brokerage and risk management firm. The company focuses on middle/upper-middle-market commercial and high-net-worth clients. Kohlberg used its recently closed $1.6 billion Kohlberg Investors VII fund to finance the transaction.