Three Atlanta-based firms have merged, expanding insurance and financial services for small and medium-sized businesses, with growth plans for 2026.
Partners Risk Services, an independent insurance brokerage in property/casualty, benefits and life products and formerly known as BWT Risk Advisors, has joined with accounting advisory firm Nichols Cauley and with JGH Consulting, a transactions advisory firm, the companies announced this week.
Terms of the deal were not disclosed, but it included a significant investment from Madison Dearborn Partners, a private equity firm based in Chicago.
Alan Whitman, formerly with the Baker Tilly tax and assurance firm, will be CEO of the combined enterprise. Joe Thompson, CEO of Partners Risk Services, will lead risk management and insurance services. Todd Giddens, managing partner of Nichols Cauley, will serve as the COO, according to a news release.
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