24 September 2019Analysis

Risk Strategies’ run of acquisitions continues

Risk Strategies has made the latest in a series of acquisitions with the purchase of Pro Safety Services, which provides safety and loss control services to construction companies, builders, and other industries.

The terms of the deal were not disclosed.

Pro Safety Services was founded in 1999 by its president John McCarthy and is headquartered in New Rochelle, New York, with additional operations in the Mid-Atlantic region and Florida. Its service offerings include full-time site safety management, loss control, training, periodic audits, and safety management program development, among others.

Mike Vitulli, Risk Strategies’ managing director of risk management services, said: “Pro Safety Services has built an unparalleled reputation for expertise and excellence in some of the country’s most demanding regulatory markets.”

McCarthy said: “When looking for a partner to help expand our presence, Risk Strategies stood out for having a similar focus on specialised knowledge as well as seamless operational integration that delivers real value to clients.”

Earlier this month Risk Strategies acquired Risk Management Advisors, having announced the purchase of the National Insurance Consulting Group weeks before. In July it acquired Gerard B. Tracy Associates.