M&A Deal Summary

Willis Group Holdings Acquires Trade Credit Brokers

On December 11, 2014, Willis Group Holdings acquired financial services company Trade Credit Brokers from IFG Group

Acquisition Highlights
  • This is Willis Group Holdings’ 1st transaction in the Financial Services sector.
  • This is Willis Group Holdings’ 6th transaction in Ireland.

M&A Deal Summary

Date 2014-12-11
Target Trade Credit Brokers
Sector Financial Services
Buyer(s) Willis Group Holdings
Sellers(s) IFG Group
Deal Type Divestiture

Target

Trade Credit Brokers

Booterstown, Ireland
Trade Credit Brokers Ltd, engages in the trade credit broking business.

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Buyer(S) 1

Buyer

Willis Group Holdings

London, United Kingdom

Category Company
Founded 1828
Sector Financial Services
Employees18,400
Revenue 3.8B USD (2014)
DESCRIPTION

Willis Group Holdings Public Limited Company provides insurance brokerage, reinsurance, and risk management consulting services worldwide.


DEAL STATS #
Overall 18 of 24
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 5 of 5
Country: Ireland M&A 6 of 6
Year: 2014 M&A 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-11 IFG Pensco

Dublin, Ireland

IFG Pensco Limited provides pensions consultancy and administration business.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-22 Miller

London, United Kingdom

Miller is a provider of insurance and reinsurance solutions for customers. Miller operates across a number of specialist areas, including marine, energy, credit, and political risks, delegated authorities, professional risks, property, casualty, sports and entertainment, and (re)insurance. Miller was founded in 1902 and is based in London, England.

Buy -

Seller(S) 1

SELLER

IFG Group

London, United Kingdom

Category Company
Founded 1963
Sector Financial Services
Employees828
Revenue 78M GBP (2017)
DESCRIPTION

IFG Group plc is a financial services company. IFG Group provides a range of financial solutions including full platform services, pensions administration, and independent financial advice. IFG Group plc was founded in 1963 and is based in London, United Kingdom.


DEAL STATS #
Overall 5 of 7
Sector: Financial Services M&A 1 of 2
Type: Divestiture M&A Deals 5 of 7
Country: Ireland M&A 5 of 5
Year: 2014 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-11 IFG Pensco

Dublin, Ireland

IFG Pensco Limited provides pensions consultancy and administration business.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-25 Nucleus Financial

Salisbury, United Kingdom

Nucleus Financial provide adviser firms with operational efficiency to enable them to grow their businesses and a breadth and depth of experience and expertise. Nucleus Financial is based in Salisbury, United Kingdom.

Sell -