Searchlight engages Evercore for restricted GRP sale process
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Searchlight engages Evercore for restricted GRP sale process

Rachel Dalton, 
Adam McNestrie
25 January 2022
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Searchlight has appointed Evercore to advise on a narrow sale process for expansive broker consolidator Global Risk Partners (GRP), just two years after agreeing to buy the asset, this publication has learned.

Sources indicated that GRP is marketing itself at around £80mn ($108mn) of Ebitda, which would be a 60% increase on the £50mn Ebitda on which GRP was sold to Searchlight in 2020.

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