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New Deal


Announced

Completed

H.W. Kaufman completed the acquisition of Burns & Wilcox.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

United Kingdom

insurance brokerage services

insurance services

Acquisition

Insurance Brokers

Single Bidder

Majority

Friendly

Completed

Synopsis

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H.W. Kaufman Group, a network of insurance companies, completed the acquisition of Barbican Protect, a provider of insurance services. Barbican Protect is to rebrand as Burns & Wilcox and join H.W. Kaufman Group London. Financial terms were not disclosed “H.W. Kaufman Group is pleased to announce the closing of the acquisition of Barbican Protect. Barbican Protect, an MGA that specializes in commercial property, casualty, financial lines and marine across the United Kingdom, joins the Kaufman family of companies rebranded as Burns & Wilcox," Alan Jay Kaufman, H.W. Kaufman Chairman, President and CEO.

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