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Announced

Brown & Brown to acquire Quintes from Aquiline Capital Partners.

Synopsis

Brown & Brown, an insurance brokerage firm, delivering risk management solutions to individuals and businesses, agreed to acquire Quintes, an insurance and pension broker, from Aquiline Capital Partners, a private investment firm focused on financial services and related technologies. Financial terms were not disclosed. "We partnered with Quintes in 2020 with the goal of establishing a leading nationwide insurance broker in the Netherlands. Over this period, we have strengthened Quintes' commitment to the SME market, successfully integrated numerous acquisitions, and significantly expanded its business capabilities and carrier relationships. Brown & Brown's acquisition is a testament to the strong business we have built together. The entire Aquiline team and I have enjoyed working with Gijsbert and his team, and we wish them great success in this next chapter," Igno van Waesberghe, Aquiline Managing Partner.

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