BGC Partners Acquires Ed Broking Group Limited
February 1, 2019
BGC Partners, Inc. completed the acquisition of Ed Broking Group Limited, a London‑based independent Lloyd's insurance broker, acquiring 100% of the company. Ed will become part of BGC's insurance division, with Ed's Group CEO Steve Hearn becoming Head of the insurance division to support BGC's expansion of its insurance brokerage capabilities and global footprint.
- Buyers
- BGC Partners, Inc.
- Targets
- Ed Broking Group Limited
- Industry
- Financial Services
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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