Brown & Brown to raise $2bn in debt for GRP, BdB and Orchid deals
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Brown & Brown to raise $2bn in debt for GRP, BdB and Orchid deals

Rachel Dalton
March 08, 2022
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US retail broker Brown & Brown (B&B) is to raise roughly $2bn in debt to finance the acquisitions of Global Risk Partners (GRP), BdB and MGA Orchid Insurance.

The intermediary yesterday announced its acquisition of UK broker consolidator GRP, for a consideration believed to be between £1.5bn

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Rachel Dalton
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