R&Q agrees $465mn Accredited sale to Onex
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R&Q agrees $465mn Accredited sale to Onex

Fiona Robertson
October 20, 2023
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R&Q Onex London highway

R&Q Insurance Holdings has agreed a sale of its Accredited program management business to Onex in a deal giving the unit an enterprise value of $465mn.

The valuation is in line with the figure of upwards of $450mn reported by this publication when revealing talks were in final stages with Onex.

The

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News M&A Legacy MGAs/MGUs
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Fiona Robertson
Editor, Insurance Insider
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