MarshBerry Congratulates Relation Insurance Services on the Successful Sale of its Relation Education Solutions Division
Woodmere, OH, November 16, 2022 – MarshBerry, a leading investment banking and consulting firm serving the insurance distribution and wealth management industries, congratulates Relation Insurance Services (Relation) on the successful sale of its Relation Education Solutions business to Risk Strategies. MarshBerry served as the exclusive financial advisor to Relation on the transaction, which was closed on September 2, 2022.
Relation Education Solutions offerings complement existing Risk Strategies Education Practice capabilities, including student health plans, international benefits, faculty and staff benefits, and cultural exchange health plans, while expanding the existing portfolio in areas such as student athletics, amateur sports, and recreational programs.
“MarshBerry proudly represented Relation on the sale of its education division. The Relation Education Solutions platform is a terrific complement to Risk Strategies’ National Education Practice. This acquisition will continue to solidify Risk Strategies’ capabilities in this niche market. MarshBerry’s understanding of, and experience in transactions involving niche or specialty businesses, contributed to the success of the transaction,” said Managing Director Gerard Vecchio.
Terms of the transaction were not disclosed.
MarshBerry remains the number one sell-side advisor for insurance agencies and brokerages and retains its position as the industry leader for total number of clients advised. Since 1999, MarshBerry has advised on more than 1,000 merger & acquisition transactions which is approximately 25% of the total tracked deal flow in the insurance distribution industry during this period as reported by S&P Global Market Intelligence.
MarshBerry – Helping Clients Learn, Improve & Realize Value
Founded in 1981, MarshBerry serves the insurance distribution and wealth management industry including insurance agents & brokers, specialty distributors, private equity firms, and wealth management firms. MarshBerry’s industry-specific services help clients build, enhance and sustain value through: Merger & Acquisition Advisory, Debt & Equity Capital Raising, Financial Consulting, Market Intelligence & Benchmarking, Organic Growth Consulting, Connect –Executive Peer Exchange, and Platform Aggregation. Learn more at www.MarshBerry.com.
About Relation Education Solutions
Relation Education Services offerings include student health plans, international benefits, faculty and staff benefits, and cultural exchange health plans, while expanding the existing portfolio in areas such as student athletics, amateur sports, and recreational programs. Relation Education Solutions provides insurance brokerage and program administration services for more than 950 colleges and universities across the country.
Investment banking services offered through MarshBerry Capital, Inc., Member FINRA and SIPC, and an affiliate of Marsh, Berry & Co., Inc.
