Search company, investor...

Predict your next investment

Bank
fnfg.com

See what CB Insights has to offer

Investments

2

Portfolio Exits

2

About First Niagara Risk Management

First Niagara Risk Management, through its wholly owned subsidiary, First Niagara Bank, has branches across Upstate New York, Pennsylvania, Connecticut and Massachusetts. First Niagara Bank is a community-oriented bank providing financial services to individuals, families and businesses.

Headquarters Location

726 Exchange Street Larkin Building suite 900

Buffalo, New York, 14210,

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest First Niagara Risk Management News

First Niagara Risk Management Completes Transition to KeyBank

Dec 20, 2016

First Niagara Risk Management Completes Transition to KeyBank 12/19/16 First Niagara Risk Management, a nationally known insurance agency, is now a subsidiary of KeyBank, operating under the name Key Insurance & Benefits Services, Inc. (KIB). "We're excited to take the final step toward joining KeyBank as part of Key's acquisition of First Niagara Financial Group," said Kirk Jensen, KIB managing director and senior executive. The acquisition was completed July 29, 2016, creating the 13th largest US-based bank. "While we've changed our name, our dedication to our clients remains the same. We're still evaluating all the ways we can tap KeyBank's resources to do even more for our clients. We anticipate being able to provide similar exceptional client service to KeyBank clients. "KeyBank is a nationally known bank with deep roots in Western New York and deep enthusiasm for connecting with clients in markets that are new to Key. Joining KeyBank gives us a strong foundation for growth," Jensen said. KIB offers businesses solutions to protect commercial clients' resources and assets as well as means to protect their employees' health and welfare. KIB also offers personal insurance to protect what they value, including homes, automobiles and other valuable assets. KIB is one of the largest providers of risk financing, employee benefits and risk reduction services in the Northeast, with more than 350 team members in seven offices throughout New York, Pennsylvania and Connecticut. Reagan Consulting in August 2016 named the agency a "best practices" agency, an honor given to the top 1 percent of insurance agencies/brokers in the United States. "Kirk's team is respected industry-wide for their client service, particularly their innovative work helping commercial clients identify, manage and mitigate risk," said Terry Jenkins, who oversees KIB as Key Private Bank president. "I'm very impressed with this team's depth and breadth of experience. I am confident our clients will reap immediate benefits as KeyBank and KIB work together to provide solutions that make the most of clients' heir business and personal opportunities. " About KeyCorp KeyCorp's (NYSE: KEY) roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $136 billion at September 30, 2016. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/ . KeyBank is Member FDIC. About KIB Key Insurance & Benefits Services, Inc. offers commercial insurance, captive insurance, employee benefits, personal insurance and third-party administration services. KIB professionals partner with clients to create customized risk solutions that reduce loss and financial risk and improve clients' bottom line. KIB operates in seven offices in Connecticut, New York and Pennsylvania. Stories you Need to Know Stories you Need to Know It's on us. Share your news here.

First Niagara Risk Management Investments

2 Investments

First Niagara Risk Management has made 2 investments. Their latest investment was in Crosman Corporation as part of their Line of Credit on September 9, 2015.

CBI Logo

First Niagara Risk Management Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/4/2015

Line of Credit

Crosman Corporation

$20M

Yes

1

1/26/2015

Pre-Seed

Subscribe to see more

$99M

Subscribe to see more

10

Date

9/4/2015

1/26/2015

Round

Line of Credit

Pre-Seed

Company

Crosman Corporation

Subscribe to see more

Amount

$20M

$99M

New?

Yes

Subscribe to see more

Co-Investors

Sources

1

10

First Niagara Risk Management Portfolio Exits

2 Portfolio Exits

First Niagara Risk Management has 2 portfolio exits. Their latest portfolio exit was Rally on June 01, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/1/2022

Acq - Pending

$99M

1

6/5/2017

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/1/2022

6/5/2017

Exit

Acq - Pending

Acquired

Companies

Subscribe to see more

Valuation

$99M

$99M

Acquirer

Subscribe to see more

Sources

1

10

First Niagara Risk Management Acquisitions

1 Acquisition

First Niagara Risk Management acquired 1 company. Their latest acquisition was Pierson & Smith on April 13, 2011.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/13/2011

$99M

Acquired

Date

4/13/2011

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.