Entrepreneurship Through Acquisition

Although insurance coverage can feel like just another item to “check off the list,” taking shortcuts can lead to dangerous exposures and drawbacks.

We work with our clients to properly identify risk exposures and to procure the necessary insurance coverages so that our clients can focus on growing an amazing business and generating outstanding returns for their investors.

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From hard‐won experience, we understand the value of partnering with a service provider that “gets it” and can take a critical administrative burden fully off of Management’s plate.

Oberle’s ETA team is led by a former Search Funder.
We know what it’s like to be in your shoes.

Our Process

Oberle’s due diligence offering is 100% free of charge. By relying on Oberle’s expertise and experience, our clients win back time and peace of mind during the pre-closing phase of an acquisition.

Analysis & Due Diligence

Beginning in the diligence phase, we assess the pros and cons of the insurance program of the target acquisition. We typically kickoff our process four to eight weeks prior to closing.

Education & Recommendations

We summarize our findings in a simple, but comprehensive Due Diligence report. We’ll walk you through the potential coverage gaps, the pro-forma insurance pricing, and the program structure changes needed for closing.


At closing, we execute on the recommendations and findings outlined in our Due Diligence report. This includes placing improved coverage for a lower premium, implementing risk management strategies, and eliminating coverage gaps.

In 9 out of every 10 client engagements we’re able to reduce spend and/or improve coverage.


We have two primary goals following closing: (1) zero operational disruption, and (2) to quickly build a strong rapport with your new teammates at the company you’ve acquired.

We’re committed to delivering exceptional service to your team. Our Net Promoter Scores (NPS) are among the highest in our peer group.

Our Offerings

Property & Casualty Insurance

Reps & Warranty Insurance

Employee Benefits

Life Insurance

Private Client

Satisfied Clients
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What Our Clients Are Saying

Our Team

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August Felker


August Felker is the Founder and CEO of Oberle Risk Strategies. Oberle is a forward-thinking, innovative insurance agency serving a national client base from its home base in St. Louis, Missouri.

August’s journey in insurance began in San Francisco in 2003.  He first worked in the large account group of an international insurance brokerage, helping to manage the insurance programs for several of the Bay Area’s publicly traded technology firms. Following that experience, August launched a search fund and acquired Murphy Insurance Group, an independent insurance brokerage based in Madison, Wisconsin

August merged Murphy Insurance with Hub International in 2015.  At Hub, August served as the CEO of Wisconsin.

August launched Oberle in 2019 and is thrilled to have the opportunity to build an independent, client-focused insurance brokerage in his hometown of St. Louis. August’s father, grandfather, and great grandfather all owned insurance agencies in Saint Louis. He is married and has four kids and loves spending time outdoors.

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Steve Pope, CIC

Commercial Lines Team Leader

Steve Pope is the Commercial Lines Team Leader at Oberle Risk Strategies. Steve has an extensive knowledge of property and causality coverage and is experienced in working with clients and insurance markets to place and manage insurance programs. He has over a decade of experience in the insurance industry with a focus on commercial insurance for small and middle market businesses as well as private equity, M&A, and insurance program consolidation. This makes him a trusted advisor for businesses that partner with Oberle Risk Strategies. He uses this knowledge to guide the commercial lines team, providing exceptional coverage and service for our clients. Steve completed his CIC (Certified Insurance Counselor) designation in 2013. Outside of the office, Steve enjoys spending time with his wife and two children, and he can be found engaged in various activities with his family or coaching his daughters’ sports teams.
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Wes Allard, CPU

Transaction Advisor | ETA Team

Wes Allard is an M&A Specialist at Oberle Risk Strategies. He supports clients through the acquisition process by reviewing the current insurance programs of the businesses they are buying. Wes helps clients better understand what insurance coverages are necessary for their specific deal needs, and he builds comprehensive insurance programs for their new businesses going forward. During his time in insurance, Wes has obtained several important designations to further his understanding of insurance coverage and its application. Some of these designations include the Associate in Risk Management (ARM), Associate in Claims (AIC), Commercial Lines Coverage Specialist (CLCS), and the Chartered Property Casualty Underwriter. (CPCU) Wes is passionate about helping clients better understand their insurance coverage and making the insurance buying process as simple & straightforward as possible. Outside of work, Wes enjoys playing golf and pickleball with friends as well as spending time with his wife Taylor, and dog, Kevin.
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Culver Hackel

Transaction Specialist | ETA Team

Culver Hackel is a Transaction Specialist at Oberle Risk Strategies. Culver works closely with new clients and helps them to understand the coverage they need for their new acquisitions and startups. He is passionate about learning the nuances of the risks associated with different businesses and making sure they receive the best insurance coverage possible. Outside of work Culver enjoys going to the movies with his wife and spending time with their 2 dogs. 

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Sarah Moore

Account Manager | ETA Team

Sarah Moore is an Account Manager on the ETA/Search Fund team at Oberle Risk Strategies. In addition to guiding our clients through the renewal process, Sarah is passionate about providing great customer service. She also assists our clients with coverage questions and any other general inquiries they may have. Sarah works with many of our clients in technology and healthcare, quickly learning the ins and outs of these industries. While she currently resides in St. Louis with her husband and dog, Sarah is a Chicago native – making sports rivalries in the office extra exciting!

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Brianne Wells, CISR

Account Manager | ETA Team

Brianne Wells is an Account Manager with the Entrepreneurship Through Acquisition (ETA) Team.  She handles commercial insurance for businesses both large and small: renewals, policy changes, or questions.  She believes insurance is an important part of doing business, and that clients should have faith in their insurance agent and not worry about their coverage.  She has a CISR designation and is working toward adding her CIC (Certified Insurance Counselor) designation.  In her free time, she teaches yoga and enjoys spending time with her family.

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Jeremy Sparks

Account Manager | ETA Team

Jeremy Sparks is an Account Manager on the ETA team at Oberle Risk Strategies. He handles Commercial Insurance for primarily small business, working towards handling the larger. He helps with renewals, and any other questions a client might have. He hopes to continue to learn and grow as he progresses in his career as an Account Manager. Prior to this, he was an Army Sergeant, and served for 4 years in Fort Polk, LA. He currently lives in Eureka with a full house of 4 dogs!

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Donna Spradley

Account Specialist | ETA Team

Donna Spradley expresses having the honor of working at Oberle Risk Strategies since July 2021 in an account specialist role. She provides a supporting role for Oberle and our clients helping with day-to-day functions: certificates, auto id cards, policy changes, billing questions, claims, etc. Her insurance experience began in 1978 after graduating from college at Pittsburg State University, located in Pittsburg, Kansas. She is married, has 2 sons, 2 stepsons, 2 dogs, 4 grand dogs, 2 step grandkids, and 4 step grandkids. In her spare time, Donna likes to read, go for hikes, and attend sporting events.

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Tammy Vesper, CISR

Account Specialist | ETA Team

Tammy Vesper is an Account Specialist at Oberle Risk Strategies. She has been with the company since 2001 and is a Certified Insurance Service Representative working with our Commercial Lines of business. Tammy expresses feeling fortunate her family lives in the area, and they are close enough to spend a lot of quality time together. She enjoys gardening, Cardinal baseball games, and watching her grandchildren play sports.

Ready to get in touch?

We’d love to hear from you.