TIH working on $7bn+ McGriff divestiture to strategics
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

TIH working on $7bn+ McGriff divestiture to strategics

Sources said that the business will be marketed off adjusted Ebitda of ~$500mn, including a title broking asset.

By Catrin Shi Adam McNestrie Jairo Ibarra Samuel Casey
September 03, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Reciprocal, minority investment, majority investment, valuation, investments, private equity, capital raise, strategic option

Private equity-backed TIH has launched a sales process to offload its retail broking arm McGriff as the distributor seeks to go wholesale-only, Insurance Insider US can reveal.

Sources

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsM&ABrokersTruistMcGriff
Gift this article