Brown & Brown confirms £1.5bn-£1.7bn GRP acquisition 
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Brown & Brown confirms £1.5bn-£1.7bn GRP acquisition 

Jairo Ibarra
March 07, 2022
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US retail broker Brown & Brown has confirmed a deal to acquire UK broking consolidator Global Risk Partners (GRP) from Searchlight.

It is understood that the transaction ranges between £1.5bn-£1.7bn ($1.9bn-$2.2bn) based on a marketing Ebitda of roughly $112mn (£85mn) and a sale multiple of around 18x, sources said.

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Jairo Ibarra
Senior Reporter
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