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The executive said the combined entity could execute 100-110 tuck-in M&A deals a year. -
The deal represents a 14.3x Ebitda multiple and strengthens Gallagher’s mid-market position.
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The deal dramatizes the jammed PE deals conveyor, with the playing field tilted towards strategics.
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If the deal is finalized, it will represent the largest in the acquirer’s history.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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A quick roundup of our best journalism for the week.
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The move follows a $4.5bn+ debt and preference share refinance in September.
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The sale of the business was confirmed in June.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The deal follows Bishop Street’s acquisition of Ethos’ TL operations from Ascot.
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Insight into the current state of the insurance M&A market, powered by the Insurance Insider US M&A Deal Tracker.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
