McGill and Partners

London-based reinsurance broker McGill and Partners has agreed to a $2bn (£1.48bn) investment and acquisition by private equity firm EQT from Warburg Pincus.

Summary of transaction details:

• Value: $2bn (£1.48bn)
• Sector: Business Services
• Advisor: None mentioned
• Key Entities: McGill and Partners, EQT, Warburg Pincus
• Location: London, United Kingdom

Note: Private equity firm EQT acquired McGill and Partners from Warburg Pincus to support the specialty broker's global organic expansion and broaden its market footprint across international markets.