Risk Strategies Acquires Better Business Planning, Inc., Further Expanding National Employee Benefits Practice
Nov 01, 2021•almost 4 years ago
Acquiring Company
Risk Strategies
Acquired Company
Better Business Planning
Description
Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Better Business Planning, Inc., an insurance agency specializing in employee benefits solutions. Terms of the deal were not announced.
FundzWatch™ Score
66
High M&A Activity
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