Brown & Brown confirms £1.5bn-£1.7bn GRP acquisition 
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • 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

Brown & Brown confirms £1.5bn-£1.7bn GRP acquisition 

Brown & Brown GRP logo daytona beach fl.jpg

US retail broker Brown & Brown has confirmed a deal to acquire UK broking consolidator Global Risk Partners (GRP) from Searchlight.

It is understood that the transaction ranges between £1.5bn-£1.7bn ($1.9bn-$2.2bn) based on a marketing Ebitda of roughly $112mn (£85mn) and a sale multiple of around 18x, sources said.

Last

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article