PIB mandates Evercore for sale process
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

PIB mandates Evercore for sale process

PIB boasts Ebitda of around £250mn and at prevailing multiples could secure a valuation of £3.75bn-£4bn.

By Adam McNestrie Rachel Dalton
October 21, 2024
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
Two business men shaking hands during a meeting to sign agreement and become a business partner, enterprises, companies, confident, success dealing, contract between their firms

UK and international broker consolidator PIB has appointed Evercore to run a sale process, as owners Apax and Carlyle look to secure liquidity, Insurance Insider can reveal.

The

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
Gift this article