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New Deal


Announced

Marsh McLennan Agency to acquire Fisher Brown Bottrell Insurance from Trustmark National Bank for $316m.

Financials

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Transaction Value£255m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

United States

insurance agency

Full Line Insurance

Acquisition

Private

Single Bidder

Majority

Friendly

Domestic

Synopsis

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Marsh McLennan Agency, a provider of business insurance, employee health & benefits, retirement & wealth, and private client insurance solutions, agreed to acquire Fisher Brown Bottrell Insurance, an insurance agency, from Trustmark National Bank, a diversified financial services company, for $316m. "FBBINSURANCE’s strong regional presence, client-focused approach, and terrific leadership were very attractive as we looked for a high-quality agency to expand our presence in the Southeast," Peter Krause, Marsh McLennan Agency Southeast region President & CEO.

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