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New Deal


Announced

Completed

Lockton completed the acquisition of THB Brazil from Amwins.

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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Acquisition

commercial insurance

Completed

Domestic

Private

Majority

Brazil

insurance

Full Line Insurance

Friendly

Single Bidder

Synopsis

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Lockton, an insurance broker, completed the acquisition of THB Brazil, an insurance company, from Amwins, independent wholesale distributor of specialty insurance products. Financial terms were not disclosed. "We're delighted to begin a new era for Lockton in Brazil. As separate entities, Lockton and THB have both performed exceptionally in recent years. Our combined strength will only make us better, enabling us to develop more meaningful and long-term relationships with our clients, insurers and reinsurers, provide development opportunities for our Associates, and achieve our goal of doubling in size over the next three years," José Otávio Sampaio, Lockton Chief Executive Officer.

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