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Aon to acquire NFP, a leading middle-market provider of risk, benefits, wealth and retirement plan advisory solutions

Newswire.ca - Wed Dec 20, 2023

DUBLIN, Dec. 20, 2023 /CNW/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced the signing of a definitive agreement to acquire NFP, a leading middle market property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, from funds affiliated with NFP's main capital sponsor, Madison Dearborn Partners (MDP), and funds affiliated with HPS Investment Partners. Under the terms of the transaction, Aon will acquire NFP for a total consideration estimated to be $13.4B at the time of close, which will be funded by $7B of cash and $6.4B of Aon stock.

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