BP Marsh nets £51.5mn from Kentro sale to Brown & Brown
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

BP Marsh nets £51.5mn from Kentro sale to Brown & Brown

Samuel Casey
23 May 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
BP Marsh.jpg

Investment firm BP Marsh will receive a £51.5mn ($64mn) cash consideration, net of all transaction costs, from the sale of its 18.7% shareholding in Kentro Capital to Brown & Brown.

The deal represents a money multiple on investment of 3.41x and an internal rate of return to BP Marsh of 25%.

It

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News M&A Nexus
sam casey/sam casey ii red.png
Samuel Casey
Senior Reporter
Contact
Gift this article