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The FTC granted early termination of the waiting period, leaving the acquisition on track to finish in early 2026. -
The CD&R and Stone Point-backed wholesaler said that further international deals may follow.
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The Bermudian investor already owned a 1% interest in the NY-based MGA platform.
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The deal comes amidst an expected spell of M&A on Lime Street.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The cyber business will continue to operate as a standalone entity.
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Earlier this year, Insurance Insider US revealed that the insurers were in takeover talks.
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The carriers remain in takeover negotiations but have not reached a decision around valuation.
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The take-private deal was announced in July 2024.
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A second look at the services deals boom powered by this publication’s M&A Tracker.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
