Macquarie Capital invests up to USD 150 million in Enterprise Risk Associates to support its growth and consolidation strategy in the independent insurance agency sector.

Target Information

Enterprise Risk Associates (ERA) is a specialized insurance brokerage platform that focuses on the mergers and acquisitions of independent insurance agencies. The firm is poised for growth, with a strategic emphasis on consolidating commercially-focused independent agencies, which positions it as a significant player in the insurance industry.

With a dedicated approach to building partnerships and acquiring agencies, ERA aims to enhance its business model and operational capabilities. This investment represents a pivotal step in their journey toward market leadership by strengthening their financial backing.

Industry Overview

The insurance brokerage industry has seen a substantial transformation, particularly in the United States, where independent agencies have been experiencing consolidation. This trend is driven by the increasing need for