Announced
Synopsis
Howden Group Holdings, a UK-based international insurance group, agreed to acquire Gravitas Insurance Agency, a US-based retail insurance brokerage firm. Financial terms were not disclosed. “As Howden recently made clear by establishing a US leadership team for its expansion in this dynamic market, we are committed to creating opportunities for the most talented and leading players in the sector. The addition of Gravitas is a great example of how we are growing our business in the US through a mix of talent and strategic acquisitions. By harnessing our outstanding global capabilities with specialist expertise, we deliver service with a difference to clients,” Jim Hays, Howden Vice Chair.
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