Broking M&A in 2025: The continuation of the strategic consolidation wave
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Broking M&A in 2025: The continuation of the strategic consolidation wave

This year, Brown & Brown, WTW and Baldwin emerged as major acquirers in the latest consolidation cycle.

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M&A puzzle pieces IIUS.jpg

The US strategic broking dealmaking spree that started in late 2023 with Aon’s acquisition of New York-based middle-market retailer NFP extended into 2025 as one of the most relevant M&A trends of the year.

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