NFP is a flexible middle-market company that offers wealth management, retirement planning, benefits consulting, and property and casualty brokerage services. Aon plc has announced that it has acquired NFP.
$13.4 billion is the estimated value of the deal, which includes $6.4 billion in Aon stock and $7 billion in cash. NFP, previously affiliated with Madison Dearborn Partners and HPS Investment Partners, will be seamlessly integrated into Aon’s operations.
The CEO of Aon, Greg Case, emphasized the acquisition’s strategic importance and how it will improve client services in the face of volatile markets.
With this move, Aon will be better positioned to offer a wide range of risk, benefits, wealth management, and retirement advisory services in the rapidly expanding middle-market sector.
Following the acquisition, NFP’s current Chairman and CEO, Doug Hammond, will continue to lead the company and guide it as a separate but integrated platform within Aon.
