Kelso Announces Sale of Accession Risk Management

August 13, 2025

Kelso is pleased to announce that we have completed the sale of its portfolio company, Accession Risk Management Group (“Accession,” fka “Risk Strategies”), to Brown & Brown, Inc. This sale to a leading strategic acquiror represents one of the largest full private equity exits in insurance brokerage history, following Accession’s significant and consistent growth under Kelso’s ownership. Further detail on the transaction can be viewed in the press release linked below.