Risk Strategies Expands Reach with GMC Advisors Acquisition

Deal News | Apr 27, 2025 | Globenewswire

Risk Strategies, a leading specialty insurance brokerage and risk management firm, has announced its acquisition of GMC Advisors, LLC, a Houston-based firm specializing in commercial lines insurance for the construction, manufacturing, and energy sectors. The acquisition is a part of Risk Strategies' strategy to enhance its specialty expertise in the West Region as they bolster their national capabilities across key sectors. Led by owner Greg Chubon, GMC Advisors brings strong industry experience, particularly in the oil and gas and petrochemical sectors, complementing Risk Strategies' recent acquisitions in the field. This acquisition gives GMC Advisors the opportunity to scale their focus and provide more services to their clients while offering career growth for their employees.

Sectors

Insurance
Construction
Energy

Geography

United States – Both Risk Strategies and the acquired GMC Advisors operate within the United States, with Risk Strategies expanding its national footprint through this acquisition.
Houston, Texas – GMC Advisors is based in Houston, which is highlighted as a key location in the article.

Industry

Insurance – The article revolves around Risk Strategies, a major player in the insurance sector, acquiring GMC Advisors, which specializes in insurance products.
Construction – GMC Advisors specializes in providing insurance products to the construction sector, which is emphasized in this acquisition.
Energy – The acquisition underscores a focus on the energy sector, a significant area of GMC Advisors' client base.

Financials

Not disclosed – The terms of the deal between Risk Strategies and GMC Advisors were not disclosed.

Participants

Name	Role	Type	Description
Risk Strategies	Acquirer	Company	A leading North American specialty insurance brokerage, risk management, and consulting firm.
GMC Advisors, LLC	Target Company	Company	A firm specializing in commercial lines insurance products, with focus industries in construction, manufacturing, and energy.
Greg Chubon	Owner/Founder	Person	The owner of GMC Advisors, with 37 years of industry experience.
Pat Roth	West Region Leader	Person	A leader at Risk Strategies, quoted on the acquisition's benefits towards expanding the company's regional expertise.