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The transaction is expected to have a price-to-earnings multiple of 11x.
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AJ Gallagher has responded to a request for additional information under the HSR filing.
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DB reiterated that no final decisions have been made regarding a potential deal.
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Nationwide will delegate management of the policies to Ryan Specialty.
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The company provides management workflow for residential contractors.
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The lawsuit claims more than 100 employees left with Parrish and his three reports.
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The firm has quadrupled its Ebitda since 2022.
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Insight into the state of the insurance M&A market, powered by this publication's deal database.
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The carrier agreed to acquire Liberty Mutual’s P&C firms in Thailand and Vietnam in March.
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North American carriers completed the most transactions in the first half of 2025.
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Goldman Sachs and Cinven have also participated in the German broker’s sale process.
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The NFP acquisition was a “tailwind for organic growth, not a key driver”, said CFO Edmund Reese.