Risk Strategies
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The move includes One80 Intermediaries, formerly part of Risk Strategies.
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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 Risk Strategies parent company had also been the subject of bids from Marsh and Howden.
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The $10bn acquisition of Risk Strategies is the biggest broker deal relative to size we have seen.
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The acquirer will carry out a ~$4bn equity placement to help finance the transaction.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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Sources said that negotiations are proceeding well with a path to do a cash deal.
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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 UK broker is still in talks with Mubadala about a standalone investment in the business.
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Insurance Insider US examines potential tariffs’ impact on the PE-backed brokers amid the jammed conveyor belt.
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Sources said Brown & Brown has an advantage as it entered the process several weeks ago.
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Sources said the Evercore-run Risk Strategies process has drawn the interest of Brown & Brown.