MarshBerry Advises The Richards Group on Strategic Partnership With IMA Financial Group
Woodmere, OH – MarshBerry, a global leader in investment banking and consulting, is pleased to announce that it represented The Richards Group, a Vermont-based independent insurance brokerage and advisory firm, in its sale to IMA Financial Group, Inc. (IMA).
Founded in 1867, The Richards Group has a long-standing history and deep roots in New England, built on generations of trusted client relationships. This strategic partnership brings together The Richards Group’s 160 employees and 28,000 clients across Vermont, New Hampshire, and beyond with IMA’s national platform and specialty capabilities. The Richards Group will maintain its local offices and leadership while gaining access to IMA’s expanded resources and expertise.
“We were honored to represent The Richards Group in this important transaction,” said MarshBerry Chief Executive Officer John Wepler. “Their strong culture, deep roots in New England, and commitment to clients made them an exceptional partner for IMA. Our role was to ensure they found a strategic fit that preserved their legacy while unlocking new opportunities for growth—and IMA was the perfect match.”
The Richards Group has earned recognition as one of Vermont’s Best Places to Work for 10 consecutive years and is deeply involved in the communities it serves. This partnership strengthens IMA’s presence in New England and enhances its expertise across property and casualty risk management, employee benefits advisory and wealth management.
MarshBerry’s Expertise
MarshBerry brings decades of experience advising insurance brokers on mergers, acquisitions, and capital strategies. With deep market knowledge and a proven track record of guiding firms through complex transactions, MarshBerry helps clients maximize value and achieve long-term growth objectives. In today’s competitive marketplace, MarshBerry’s insights and relationships enable buyers and sellers to navigate industry consolidation successfully and position themselves for sustainable success.
MarshBerry – Helping Clients Learn, Improve & Realize Value
MarshBerry is a global leader in investment banking and strategic consulting for the financial services industry. With over 40 years of experience, MarshBerry empowers firms in insurance brokerage & distribution, wealth advisory & retirement planning and accounting & tax practices to achieve long-term growth, maximize value, and navigate every stage of ownership. Core offerings include Investment Banking services such as Merger & Acquisition Advisory and Capital Raising, as well as Financial Consulting in Strategic Planning, Valuations, and Perpetuation Planning. MarshBerry also provides specialized support in Organic Growth Consulting, Executive Peer Exchange, Agency Network and Market Intelligence & Performance Benchmarking. For more information, visit www.MarshBerry.com.
Investment banking services in the USA offered through MarshBerry Capital, LLC, Member FINRA and SIPC, and an affiliate of Marsh, Berry & Company, LLC, 28601 Chagrin Blvd, Suite 400, Woodmere, OH 44122 (440) 354-3230.