Acquiring Company
Risk Strategies
Acquired Company
Ralph C. Wilson Agency
Description
Risk Strategies, a leading national specialty insurance brokerage and risk management firm, has announced the acquisition of Ralph C. Wilson Agency, a full-service risk management and employee benefits consulting firm and insurance agency headquartered in Southfield, Michigan. This acquisition marks Risk Strategies' entry into Michigan and reflects its deepening engagement in the Midwest, further expanding its service and expertise across the region.
M&A Insights
Based on deal dataIntegration 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