GTCR acquired AssuredPartners from Apax Partners.

An investor group led by GTCR, a leading Chicago-based private equity firm, acquired AssuredPartners, a leading US insurance brokerage, from Apax Partners. The terms of the transaction were not disclosed. Aaron Cohen, GTCR Managing Director, added: "We had an incredible experience working with the Assured team and have watched with admiration their continued success over the last three years. We want to congratulate the entire Assured organization on building a leading insurance broker with over $1 billion of revenue in just eight years. AssuredPartners is a trusted advisor to its customers, offering unique capabilities to assist leading companies in all of their insurance and risk management needs. We are thrilled to be partners with Jim Henderson, Tom Riley and the team once again and look forward to the continued expansion of the AssuredPartners platform."