Investment firm Integrum Holdings has partnered with, and invested in, Strategic Risk Solutions (SRS), with Insurance Advisory Partners and Waller Helms Advisors acting as the respective exclusive financial advisors.
SRS, a provider of insurance management and consulting services, states that Integrum’s investment will allow it to build on its foundation of independence, quality, and expertise to deepen its existing relationships, expand both geographically and in its service offerings, as well as more actively pursue strategic acquisitions and partnerships.
The firm notes that the main driving force of this partnership was to further enhance its services within the captive insurance and alternative risk markets.
Brady Young, CEO of SRS, commented, “We are excited about the opportunity to partner with Integrum to further accelerate our next phase of growth.
“Integrum has a demonstrated successful track record of value creation across its current and past investments, and truly understands the alternative risk ecosystem and the value of the independent model.
“This partnership brings the stability and resources that will solidify SRS as a leader in the market for years to come.”
Young will remain as SRS’s President and CEO with the current management team also remaining in place.
Tagar Olson, Founding Partner of Integrum, added, “The captive insurance industry continues to present an expanding opportunity in both the property and casualty and employee benefits sectors of the market.
“Brady and the SRS team have built a reputation defined by innovation and quality, and we look forward to supporting them as we unlock opportunities that will enhance the services they provide to their clients and the value they bring to their business partners.”
The transaction will be subject to customary closing conditions including required regulatory approvals.
