Brown & Brown paying $2.5bn for GRP, Orchid and BdB deals

Brown & Brown, GRP, BdB and Orchid

US broker Brown & Brown has revealed it expects to pay a total of $2.5bn in the aggregate for its acquisition of Global Risk Partners (GRP), Orchid and BdB Holdings, adding an estimated $413mn to $437mn of revenue and $144mn to $157mn of Ebitda in the 12 months after the ...

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