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Nov 18 2024 // Marsh McLennan said Friday it has completed the $7.75 billion acquisition of McGriff Insurance Services. The purchase of Charlotte, North Carolina-based McGriff, founded in 1886, adds to Marsh McLennan’s position as...
May 7 2024 // Truist Financial Corporation today said it completed the previously announced sale of its remaining stake in Truist Insurance Holdings, the fifth largest insurance brokerage in the United States, to an investor group led...
Feb 20 2024 // Truist Financial Corp. agreed to sell a majority stake in its insurance brokerage business to a group led by Stone Point Capital and Clayton Dubilier & Rice.The all-cash transaction values Truist Insurance Holdings at...
Oct 10 2023 // Truist Financial is in talks to sell its insurance brokerage unit to private equity firm Stone Point for about $10 billion, news website Semafor reported on Monday, citing people familiar with the matter.The potential deal...
Feb 16 2023 // Truist today said it has agreed to sell a 20% stake its insurance brokerage business to private equity firm Stone Point Capital for $1.95 billion.Mubadala Investment Company and other co-investors are participating with...
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