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Announced

Completed

Howden Group completed the acquisition of TigerRisk Partners from Flexpoint Ford.

Financials

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

Tags

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Friendly

financial advisory

United States

Insurance Brokers

Majority

Single Bidder

Private

Acquisition

Cross Border

Private Equity

Completed

Synopsis

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Howden Group, an international insurance broking group, completed the acquisition of TigerRisk Partners, a risk, capital and strategic advisor, from Flexpoint Ford, a private equity firm. Financial terms were not disclosed. "This is an exciting development for TigerRisk as we look forward to partnering with Howden to further strengthen our position as a trusted strategic advisor to the global insurance and reinsurance markets. Our partnership with Howden reflects our continued commitment to building a global platform focused on recruiting top-tier talent and deploying world-class technology and analytics to deliver innovative solutions to our clients. We have enjoyed the outstanding partnership with Flexpoint Ford and have benefited greatly from their strategic advice during a period of tremendous growth for TigerRisk," Rod Fox, TigerRisk Co-Founder and Chairman.

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