Novatae Acquires Missouri-Based Denali Specialty Group
Novatae Risk Group announced that it has acquired the assets of Denali Specialty Group, LLC of St. Louis, MO on July 1, 2024. Terms of the transaction were not disclosed.
Founded in 2019, Denali is a full-service insurance intermediary that is backed by decades of experience accumulated by its leadership. Denali has a primary niche in investment properties and an additional focus on cannabis, excess worker compensation, and student housing. The organization is led by Michael Eichhorn, Kerri Senger, and Paul Krutek.
Giordano, Halleran & Ciesla, P.C. provided legal counsel to Novatae, and MarshBerry advised Novatae. McCarthy, Leonard & Kaemmerer, L.C. provided legal counsel to Denali. No other advisors, diligence firms or legal counsel were disclosed.