November 21, 2024, Cincinnati, OH — ArkMalibu, an investment bank exclusively
dedicated to serving business owners, represented Cornerstone Broker Insurance
Services Agency, Inc. and ARC Benefit Solutions, Inc., Ohio’s largest employee
benefits general agency and its direct brokerage sister company, in their sale to Risk
Strategies. Terms of the transaction were not disclosed.
Cornerstone and ARC have helped small businesses and individuals source optimal
medical and ancillary insurance policies for nearly 40 years. With the collaboration
and support of a strategic partner, co-owners Annie and Ryan Carroll are excited to
supercharge their business growth and cement their family legacy. ArkMalibu served
as an advisor in the selection of a strategic partner.
Ryan Carroll, co-owner of Cornerstone and ARC, commented: “Working with
ArkMalibu through the process of selling our family business was one of the best
decisions we made throughout the journey. The team at ArkMalibu quickly
understood our business model and was instrumental in simplifying and assisting us
through every step of a very complex process. As a true extension of our team, they
managed the entire process with ease and drove a transaction that far exceeded our
expectations. I cannot recommend ArkMalibu and the value they bring enough to
anyone looking to sell their business.”
David Qu, Director at ArkMalibu, stated: “We are honored to have been entrusted
with the responsibility of representing the Carroll family in this important
transaction. Our expertise and custom-tailored process delivered excellent outcomes,
yielding the desired valuation and an ideal strategic partnership for Annie and
Ryan.”
ArkMalibu is the investment bank for business owners. Our independence serves the
interests of the seller from start to finish. With a network of expert executive advisors
and advocates, our rigorous and customized process maximizes value and fit. “Sell
Well” captures over thirty years of our sell-side expertise and is a free resource guide
to owners when selling their businesses.
- Ryan Carroll, Co-Owner of
Cornerstone and ARC
Working with ArkMalibu through the process of selling our family business was one of the best decisions we made throughout the journey.
For inquiries, please contact: dqu@arkmalibu.com
