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Crowe advises NFP on acquisition of Aiken Insurances Limited
03/08/2021
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Crowe was delighted to assist NFP in their recent acquisition of Aiken Insurances Limited.
Aiken are one of Ireland’s leading insurance brokers operating extensively across the retail and wholesale commercial markets. Headquartered in New York, NFP are a global insurance brokering and consulting business with a strong presence across North America and Europe.
Speaking about the acquisition, Colm Power, Director, NFP Ireland said, "The addition of Aiken to NFP is our first commercial insurance acquisition in Ireland and rounds out the NFP Ireland offering of employee benefits and consultancy, individual wealth management and commercial insurance, in line with the rest of NFP."
Crowe Ireland Managing Partner, Naoise Cosgrove said, “We were pleased to assist NFP with their recent acquisition of Aiken Insurances as they continue to grow their footprint in the Irish market. The transaction is further evidence of the continuing consolidation activity in the industry.”
Crowe provided NFP with financial and tax due diligence and transaction support services.
Our corporate finance team has a wealth of experience advising clients on M&A transactions across a broad range of sectors both domestically and internationally and are available to assist with any projects you may be considering.
If you are considering the sale or purchase of a business, we can help you maximise your investment. Talk to our corporate finance team today.