Eurazeo completed the investment in BMS at a £1.75bn valuation.

Eurazeo, a French investment company, completed the investment in BMS, the high growth independent specialty insurance and reinsurance broker, at a £1.75bn valuation. Eurazeo will join BMS alongside its existing shareholders British Columbia Investment Management Corporation, Preservation Capital Partners and BMS’ management and employees. "We have been exploring specialty insurance and reinsurance markets for some time and are delighted to have found, in BMS, another perfect opportunity to partner with a successful, global business with numerous transformation levers. Their shining record over recent years, under the leadership of Nick Cook and his management team, is one we admire, and we are genuinely excited to join forces to support their future success," Maxime de Bentzmann, Eurazeo Managing Director.