Unison Risk Advisors has received a strategic investment from Peloton Capital Management, a Canadian private equity firm based in Toronto. This deal is expected to close March 31, 2022.
Unison Risk Advisors was established in 2020 through the strategic merger of Cleveland-based Oswald Companies and RCM&D. URA ranks among the country’s 30 largest insurance brokerage and risk management firms overall and in the top five largest independently owned firms. With the transaction, URA will remain privately held, and majority employee-owned, with PCM gaining a minority ownership position. Financial terms of this deal are not disclosed.
“Unison Risk Advisors was created as an alternative path for independent firms to stay the course amid industry consolidation and maintain focus on the critical needs of its employees, clients and communities,” said Robert J. Klonk, Chairman and Chief Executive Officer of Unison Risk Advisors and Oswald Companies. “Together, in partnership with PCM, and through the strengthening of our investments in services, talent, and innovation in our URA firms, we can accelerate and perpetuate our platform while continuing to make a meaningful difference in the lives of our employees and clients.”
