M&A Deal Summary |
|
|---|---|
| Date | 2022-02-28 |
| Target | Orchid |
| Sector | Insurance |
| Buyer(s) | Brown & Brown |
| Sellers(s) | TowerBrook Capital Partners |
| Deal Type | Add-on Acquisition |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1939 |
| Sector | Insurance |
| Employees | 16,152 |
| Revenue | 4.2B USD (2023) |
Brown & Brown is a provider of insurance and reinsurance products and services to general business, corporate, governmental and quasi-governmental, institutional, professional, trade association and individual clients. Brown & Brown was founded in 1939 and is based in Daytona Beach, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 96 of 109 |
| Sector (Insurance) | 86 of 97 |
| Type (Add-on Acquisition) | 92 of 105 |
| State (Florida) | 13 of 15 |
| Country (United States) | 94 of 103 |
| Year (2022) | 2 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-02-07 |
BdB
London, United Kingdom BdB is a preeminent specialist wholesale broker providing access to specialty insurance products for insurance professionals in both the UK and the European markets. Today, the BdB Limited companies include BdB (UK) Limited, BdB Limited, BdB Europe SRL, Mithras Underwriting Limited, Mithras Underwriting Europe SRL, and Mithras Underwriting Italia SRL to ensure continued access to the European single market. BdB was formed in 1993 and is headquartered in London, United Kingdom. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-07 |
GRP Group
London, United Kingdom GRP Group is an independent insurance intermediary. GRP operates retail broking, specialist MGA, network, and Lloyd’s businesses, enabling the Group to serve the growing insurance and risk management needs of its clients. GRP Group was founded in 2013 and is based in London, United Kingdom. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 17.4B USD |
| Size | Mega |
| Type | Sector Agnostic |
TowerBrook Capital Partners is a private equity firm focused on leveraged buyouts, leveraged build-ups and distressed situation investments throughout North America and Europe. TowerBrook prefers control-oriented investments and actively pursues complex situations that other firms may avoid. Target sectors include consumer services, distribution, beverages, pharmaceuticals, media, technology, communications, software, and healthcare. TowerBrook Capital Partners was established in 2001 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 42 of 46 |
| Sector (Insurance) | 3 of 3 |
| Type (Add-on Acquisition) | 20 of 21 |
| State (Florida) | 2 of 2 |
| Country (United States) | 22 of 24 |
| Year (2022) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-17 |
PT Solutions
Atlanta, Georgia, United States PT Solutions is a provider of physical therapy services through stand-alone, outpatient physical therapy clinics, hospitals, physician groups, and other partners. PT Solutions was founded in 2003 and is based in Atlanta, Georgia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-02 |
Stonebridge
Denver, Colorado, United States Stonebridge manages and operates over 11,500 hotel rooms (67 hotels) across 13 states in the Midwest, Northeast, South, and West Coast markets. The Company provides hotel management services, hotel investment opportunities, and development services across its portfolio. Stonebridge's mission to deliver Distinguished Hospitality to guests, team members, and partners has allowed it to grow its portfolio of hotels across multiple full-service, extended stay, select-service, and mid-scale hotel brands. It also holds franchise licenses with Hilton Worldwide, Marriott International, Hyatt, InterContinental Hotel Group, and Wyndham, as well as supports independent hotels. Stonebridge was formed in 1991 and is based in Denver, Colorado. |
Buy | - |
