Brown & Brown completed the acquisition of Global Risk Partners from Searchlight.

Brown & Brown, a provider of a range of insurance and reinsurance products and services, completed the acquisition of Global Risk Partners, an operator of independent insurance intermediary company, from Searchlight, a private equity firm. Financial terms were not disclosed. "We believe that aligning companies with common values will lead to shared success. Mike Bruce and the team at GRP are like-minded individuals that have a disciplined focus on doing what is best for their customers, teammates and carrier partners. GRP's position as an industry leader in the UK, their experience in international markets and generation of new market segments will allow us to further expand our international footprint and broaden the scope of our global capabilities," J. Powell Brown, Brown & Brown President and CEO.