Debevoise & Plimpton LLP is advising Kelso & Company (“Kelso”) in its acquisition (and related financing) of a majority stake in Risk Strategies Company, a national insurance and benefits brokerage and risk management firm, from Kohlberg & Company.

Kelso has been investing in North American private equity for over 35 years. Kelso benefits from a successful investment track record, a long-tenured and stable investing team, a reputation as a preferred partner to management teams and strategics, and a significant alignment of interest with all of its partners. Since 1980, Kelso has raised a total of nine private equity funds, representing nearly $11 billion of outside LP capital, and has made over 110 investments.

The Debevoise team is led by partner Margaret Andrews Davenport and includes partners Michael Bolotin, David A. Brittenham, Jonathan F. Lewis and Nicholas F. Potter, counsel Kyra K. Bromley and Brandon C. Gruner, and associates Erin Cleary, Joseph M. DiCioccio, Daniel N. Fasanello, Andrew M. Hirsch, Sue Meng, Maxine Sharavsky, Anna Smith, Ramya S. Tiller, Lale Uner and Oleg S. Zakatov.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.