Enterprise Risk Associates Receives Investment From Macquarie Capital to Fund Insurance Brokerage Acquisition Strategy

Macquarie Capital financing facility will provide up to $US150 million to support ERA’s acquisition-driven growth strategy across insurance distribution verticals.

NEW YORK--(BUSINESS WIRE)--Enterprise Risk Associates (“ERA”), an insurance brokerage de novo platform specializing in mergers and acquisitions of independent insurance agencies, today announced it has received an investment from Macquarie Capital Principal Finance, the financing and principal investing arm of Macquarie Capital. The financing facility will provide up to $US150 million to support ERA’s acquisition-driven growth strategy across insurance distribution verticals.

Capitalized in 2024 by KZ Capital, the Karfunkel-Zyskind family office, and Lamberg Management Inc, the Lamberg family office, ERA partners with independent insurance agency owners who are seeking resources and scale to optimize growth while maintaining the legacy and local footprint of their businesses. Since its founding, ERA has demonstrated its disciplined, partnership-driven approach, completing five acquisitions across California, Florida and the Northeast.

The financing from Macquarie Capital will provide ERA with significant capital to further build out the business and continue its consolidation strategy across commercially-focused independent agencies.

“We’re pleased to partner with Macquarie Capital, which has extensive experience financing and fueling growth in the insurance brokerage industry,” said Adam Wolper, CEO of Enterprise Risk Associates. “As an M&A-focused partner for insurance agencies, ERA leverages the deep industry expertise of its founding team to offer optimized sales strategy, operational support and expanded service capabilities that help unlock efficiencies and accelerate growth. This financing will be instrumental as we seek to further scale ERA and continue to build our pipeline across the insurance brokerage industry.”

“The insurance brokerage industry continues to generate new agencies despite record consolidation in recent years, and many of those agencies are seeking ways to supercharge growth in a competitive market,” added Bill Eckmann, Head of Principal Finance – Americas at Macquarie Capital. “ERA is positioned to be the acquirer of choice with its agent-led approach, giving partner agencies access to best-in-class resources to drive their continued success well into the future.”

About Enterprise Risk Associates

Enterprise Risk Associates specializes in mergers and acquisitions of independent insurance agencies. Capitalized in 2024 by KZ Capital and Lamberg Management Inc., ERA operates five insurance agencies across California, Florida and the Northeast. ERA’s mission is to create long-term value by acquiring high-quality agencies and supporting their continued success through thoughtful integration, investment and strategic alignment. For more information, visit ERA’s website.

About Macquarie Capital

Macquarie Capital is the advisory, capital markets and principal investment arm of Macquarie Group. It encompasses corporate advisory, a full spectrum of capital solutions, including capital raising services from equity, debt and private capital markets and principal investments from Macquarie’s balance sheet. Macquarie Capital has deep sector expertise in the aerospace, defence and government services, consumer, gaming and leisure, critical minerals, energy, financial institutions, healthcare, industrials, infrastructure, services, software, technology, telecommunications and media sectors.

Macquarie Capital Principal Finance, the financing and principal investing arm of Macquarie Capital makes investments from Macquarie’s balance sheet, provides flexible primary financing and secondary market investing solutions for corporate and commercial real estate clients across North America, Europe and Australasia.

Visit Macquarie Capital’s website for more information.