Enterprise Risk Associates, a US-based insurance brokerage platform that focuses on acquiring and partnering with independent insurance agencies, has announced an investment from Macquarie Capital Principal Finance, the financing and principal investment division of Macquarie Capital.
Founded to help independent agencies access resources and scale while maintaining their local presence and legacy, ERA was previously capitalised in 2024 by KZ Capital, the Karfunkel-Zyskind family office, and Lamberg Management Inc, the Lamberg family office.
Since its establishment, the firm has completed five acquisitions in California, Florida, and the Northeast through a disciplined, partnership-oriented approach.
The financing from Macquarie Capital is intended to provide ERA with additional capital to continue expanding its operations and consolidate commercially-focused independent agencies.
“We’re pleased to partner with Macquarie Capital, which has extensive experience financing and fuelling growth in the insurance brokerage industry,” commented 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 optimised 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.”
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