EQT Acquires McGill and Partners in $2 Billion Deal
By EC Assets · Published
EQT AB has acquired McGill and Partners from Warburg Pincus LLC. The acquisition is valued at $2 billion. This transaction represents private equity's latest entry into the insurance sector. EQT AB reached an agreement to acquire a majority stake in the insurance broker. McGill and Partners is a London-based company. It is also described as a British insurance broker. EQT has returned 48.1% over the past three years. The completed combination with Coller Capital can support expectations for fee-based growth in private markets. EQT stock has delivered a strong three-year gain. This article is intended for informational purposes only. It does not constitute investment advice.
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