Add-on Acquisition • Insurance

Ed Broking Acquires Newman Martin and Buchan

On September 23, 2013, Ed Broking acquired insurance company Newman Martin and Buchan

Acquisition Context
  • This is Ed Broking’s 3rd transaction in the Insurance sector.
  • This is Ed Broking’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date September 23, 2013
Target Newman Martin and Buchan
Sector Insurance
Buyer(s) Ed Broking
Deal Type Add-on Acquisition

Target Company

Newman Martin and Buchan

London, United Kingdom
Newman Martin and Buchan LLP, specialist energy practice for global clients seeking access to all the key international markets.
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Buyer Overview 1

Buyer

Ed Broking

London, United Kingdom

Category Company
Sector Insurance
Revenue 344M USD (2011)
DESCRIPTION

Ed Broking is an independent, global wholesale insurance and reinsurance broker with offices in the world’s key insurance hubs. It matches risks brought to us by expert retail brokers and those seeking reinsurance coverage with underwriters in these major markets. Ed Broking was founded in and is based in London, England.


Deal Context for Buyer #
Overall 3 of 3
Sector: Insurance 3 of 3
Type: Add-on Acquisition 1 of 1
Country: United Kingdom 1 of 1
Year: 2013 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-08 Cooper Gay Chile S.A.

Las Condes, Chile

Cooper Gay Chile S.A. offers reinsurance brokerage services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-24 Swett & Crawford Group

Atlanta, Georgia, United States

Swett & Crawford Group, Inc. is a wholesale insurance brokerage firm.

Sell $500M