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Enterprise Risk Associates acquires Hamann Insurance

PRIVATEJul 28, 202612 days ago

Acquiring Company

Enterprise Risk Associates

Acquired Company

Hamann Insurance Group

United StatesHoustonInsuranceEmployee BenefitsInsurance

Description

Enterprise Risk Associates has acquired Hamann Insurance Group, expanding their presence in Texas. This acquisition brings Hamann's extensive expertise in HOA and condominium insurance to ERA. Dennis and the HIG team will enhance ERA's service offerings significantly. The move underscores ERA's commitment to client service in the insurance sector.

Company Information

Company

Enterprise Risk Associates

Location

United States

About

Enterprise Risk Associates is a US-based insurance brokerage platform that focuses on acquiring and partnering with independent insurance agencies. Founded to help independent agencies access resources and scale while maintaining their local presence and legacy, ERA leverages deep industry expertise to offer optimized sales strategy and operational support. The firm aims to facilitate the growth of independent agencies through strategic acquisitions and partnerships.

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Strategic

ML-powered predictions for Enterprise Risk Associates's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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