EQT to acquire McGill and Partners, a leading specialty (re)insurance broker for USD 2.0 billion, from Warburg Pincus

▤ Summary

EQT has agreed to acquire a majority stake in McGill and Partners for USD 2.0 billion. Warburg Pincus will exit its full equity position, while the founders and management team will keep a meaningful ownership stake. EQT plans to back the firm’s growth by supporting talent hiring, technology and data investment, and expansion of digital solutions. The broker will continue to focus on specialty (re)insurance clients and use its modern technology stack to scale further internationally.

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