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The unfunded commitment related to the investment was $24.4mn in 2024.
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There were no signs of deceleration in claims and insurance services M&A during February.
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Last October, this publication revealed that NSM was considering a carve-out of its B2B programs.
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The news comes around three months after GTCR agreed to sell AssuredPartners to AJ Gallagher for nearly $13.5bn.
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Sources said the Lake Mary, Florida-based firm is working with boutique bank Lincoln International.
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The PE firm held over 6.7 million Axis shares, around 8.2% of shares outstanding.
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Acrisure may be the first heavyweight broker to go, with Hub, BroadStreet and Howden also contenders.
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Last July, this publication revealed that the agency had retained Piper Sandler to run a process.
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This publication revealed in July that Aperture had retained Deloitte for the sale.
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Risk Strategies looks like the deal that makes most sense, but other targets could include Galway or Hilb.
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Sources said the platform has retained Barclays and Goldman Sachs to run a process.
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Sources said that with the equity refinancing, Alliant secured an enterprise value of ~$25bn.