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Inside P&C’s news team runs you through the key M&A deals from the past week.
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Inside P&C’s news team brings you all the top news from the week.
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CM Select is being re-branded as MGT Insurance and will operate as a tech-enabled risk solutions platform focused on the commercial P&C market.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The news follows May’s report that chairman Saul Fox was working with Merger & Acquisition Services to explore strategic options.
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The business has engaged with the AssuredPartners process, and has also met with a range of other private brokers including Galway and NFP.
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Inside P&C’s news team runs you through the key M&A deals from the past week.
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Inside P&C’s news team brings you all the top news from the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Reagan Consulting is the sell-side adviser for the $11mn Ebitda business.
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The transaction marks Velocity’s first MGA acquisition and its second transaction after Nephila sold the cat-focused underwriter to Oaktree in late 2021 for over $107mn.
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The Atlanta-based broker agreed to sell yesterday in a transaction that is understood to have valued the firm at around $575mn.