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New Deal


Announced

Amwins to acquire Connected Risk Solutions from BRP Group.

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

Pending

United States

Domestic

Insurance Brokers

insurance agency

Single Bidder

Acquisition

Majority

Private

Synopsis

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Amwins, a global distributor of specialty insurance products and services, agreed to acquire Connected Risk Solutions, an insurance brokerage agency, from BRP Group, an independent insurance distribution firm delivering tailored insurance and risk management insights and solutions. Financial terms were not disclosed. "We are pleased that the Connected Risk Solutions team is joining the Amwins' Brokerage team so that we can collectively leverage our expertise, particularly in the specialty areas of healthcare and cyber," Jeff McNatt, Amwins President.

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