Announced
Completed
Financials
Tags
risk management
Disposal
Friendly
United Kingdom
Majority
general insurance
Acquisition
Cross Border
Completed
Private Equity
Private
Insurance Brokers
insurance services
Single Bidder
Synopsis
NSM Insurance, a general underwriting agency, completed the acquisition of Kingsbridge Risk Solutions, an insurance brokerage firm, from Dunedin, a private equity firm, for $156m. "We are excited to expand further in the UK with the acquisition of Kingsbridge, which fits nicely into NSM's portfolio of niche-focused insurance businesses. We look forward to working with James and his team and to providing them with support and resources to continue to grow the business," Geof McKernan, NSM CEO.
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