EQT has agreed to acquire McGill and Partners from Warburg Pincus for $2 billion, according to PE Hub.
McGill and Partners is an independent specialty (re)insurance broker founded in 2019, according to PE Hub.
Transaction summary
The deal is described as an agreement for EQT to acquire McGill and Partners from Warburg Pincus for $2 billion, according to PE Hub.
McGill and Partners profile
McGill and Partners is an independent specialty (re)insurance broker founded in 2019, according to PE Hub.
The company has grown to more than 600 colleagues across seven countries, according to PE Hub.
McGill and Partners serves over 1,000 clients, according to PE Hub.
McGill and Partners is generating revenue in excess of $250 million, according to PE Hub.
Parties involved
EQT is the acquirer in the transaction, according to PE Hub.
Warburg Pincus is the seller in the transaction, according to PE Hub.
McGill and Partners is the asset being acquired, according to PE Hub.
Sector and geography tags
PE Hub tagged the item under Financial Services.
PE Hub also tagged the item under Europe.
PE Hub also tagged the item under the UK.
PE Hub also tagged the item under the US.
