CKA Risk Solutions
Acquisition of CKA Risk Solutions by Willis Group
On 20 August 2015, Willis Group announced the acquisition of CKA Risk Solutions Pty Ltd (CKA). Based in Perth, CKA is a leading WA based independent corporate insurance broking company.
Established in 2004, CKA has grown rapidly over the last 10 years and currently holds approximately 1,200 accounts. Their clients are typically mid-market to large public and private companies. In FY2014, the company placed close to 5,000 insurance policies.
CKA engaged Azure Capital to examine ways to accelerate growth for the company, including through a potential sale. Azure advised CKA on all aspects of the sale through to completion, from the identification and assessment of potential buyers to valuation and transaction execution.