Ropes & Gray Advises Kohlberg & Company and Risk Strategies in Majority Stake Acquisition by Kelso & Company
Ropes & Gray represented Kohlberg & Company and Risk Strategies Company in connection with the sale of a majority stake in Risk Strategies to Kelso & Company. The transaction was announced Oct. 20.
Headquartered in Boston, Risk Strategies is one of the largest insurance and benefits brokerage and risk management firms in the U.S. It focuses on middle- and upper-middle-market commercial and high-net-worth clients across a range of vertical industries including health care, higher education, manufacturing, private equity, real estate and others.
The Ropes & Gray team was led by private equity partner William Shields (Boston) and included tax partner Aaron Harsh (Boston); tax associate Alyssa Kollmeyer (Boston); executive compensation & employee benefits associate Jennifer Rikoski (Boston); labor & employment associate Jennifer Cormier (Boston); and corporate associate William Baker (Boston).