Brown & Brown confirms $9.8bn acquisition of Risk Strategies
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Brown & Brown confirms $9.8bn acquisition of Risk Strategies

The deal multiple is understood to be around 15x adjusted Ebitda.

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Brown & Brown (B&B) has agreed to acquire Risk Strategies parent company Accession for $9.825bn.

The announcement confirms reporting over the weekend by sister publication Insurance Insider US that the pair were on the cusp of a ~$10bn deal.

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