Aon to Acquire NFP for $13.4 Billion
December 20, 2023
Aon plc signed a definitive agreement to acquire NFP, a middle-market property & casualty broker and benefits/wealth/retirement plan advisory firm, for an estimated $13.4 billion at closing. The deal is expected to be funded with $7 billion in cash and $6.4 billion in Aon stock and will expand Aon’s presence in the large and fast-growing middle-market segment.
- Buyers
- Aon plc
- Targets
- NFP
- Sellers
- Madison Dearborn Partners (MDP), HPS Investment Partners
- Industry
- Professional Services
- Location
- Illinois, United States
- Transaction Type
- Buyout
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