Kohlberg & Co Buys Majority Stake in Insurance Broker Risk Strategies Co

Kohlberg & Co. has paid an undisclosed amount for a majority stake in Risk Strategies Co. (RSC), a national insurance & benefits brokerage based in Boston, according to a statement about the deal. Kohlberg made the investment from Kohlberg Investors VII, which recently closed on $1.6 billion, the statement said. The capital will be used to grow the company. RSC’s executive team remains intact and the company's management and employees have also retain "significant ownership," the statement said.

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