.
MergerLinks Header Logo

New Deal


Announced

Completed

NSM Insurance Group completed the acquisition of subsidiaries of ELMC Risk Solutions from J.C. Flowers.

Financials

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

Tags

Edit

Acquisition

Domestic

Private

United States

Friendly

insurance broker

Majority

financial services

Single Bidder

Insurance Brokers

Private Equity

Completed

Synopsis

Edit

NSM Insurance Group, an insurance company, completed the acquisition of subsidiaries of ELMC Risk Solutions, an insurance brokerage and financial services provider, from J.C. Flowers, a private investment firm. Financial terms were not disclosed. "We're entrepreneurs at heart and we seize compelling opportunities to partner with high-performing companies with a proven track record of profitability. We're excited about the synergies we have with the individual teams and the significant growth potential for each business. Our team is committed, motivated and laser focused on driving the continued growth and innovation of these three businesses," Bill McKernan, NSM Insurance Group President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US