M&A
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The Insurance Insider US news team runs you through the past week’s key M&A deals.
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Gallagher expects "little impact" from the FTC’s non-compete ban on the firm’s M&A strategy.
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Aon will provide further updates on NFP and deal financials, on its earnings call tomorrow.
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The carrier will reassess the market in the fourth quarter, or early in 2025.
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The financing was oversubscribed, with strong demand from new and existing lenders.
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The transaction value represents approximately 5.9x of its 2023 revenue and 28x net income.
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This marks the fifth consecutive quarter of deal volume below the long-term trend line.
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The deal cleared a major antitrust hurdle two months ago.
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The Insurance Insider US news team runs you through the key M&A deals from the past week.
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Sources said Piper Sandler will run the auction for the CIVC-backed firm.
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Formed in 2006, Centauri is a Demotech A-rated firm headquartered in Sarasota.
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Flexpoint secured a higher sum-of-the-parts valuation by facilitating the break-up.