Prime time for private equity-backed insurance brokers
December 30, 2015 by Warren S. Hersch
Just how large a foothold does private equity have in the merger and acquisition market for insurance brokerage agencies? In two words: a lot.
Private equity-backed acquirers are in fact the dominant presence in the M&A space. According to a 2015 report by MarshBerry, a financial consulting and M&A advisory firm, PE-backed insurance brokers accounted for nearly 4 in 10 (39.8 percent) of the publicly announced deals last year, topping for the second year running the M&A market’s other active players. Among them: non-private-equity-backed independent and public brokerage agencies, banks and thrifts.
Originally Posted at LifeHealthPro on December 30, 2015 by Warren S. Hersch.
Categories: Industry Articles
