Global insurance broker Howden Group Holdings Ltd. has agreed to acquire Atlantic Global Risk LLC, sharpening its push into the U.S. market as it looks to broaden its footprint in transaction liability insurance.
London-based Howden said Monday the deal is expected to close in the first quarter of 2026. Financial terms were not disclosed, leaving the price tag sealed as the strategy takes center stage.
Advisors Line Up on Both Sides
Latham & Watkins LLP is advising Howden, deploying a cross-border corporate team led by partners Stelios Saffos, Leah Sauter, Zach Podolsky, Mark Austin and Jon Fox. Barclays is serving as Howden’s financial adviser.
On the other side of the table, Dentons US LLP is acting as Atlantic’s legal counsel, with a team led by corporate partner Josh Fisher. McDermott Will & Schulte and Willkie Farr & Gallagher LLP are also advising Atlantic, while Piper Sandler is its financial adviser.
A Deal Aimed at Private Equity Powerhouses
Howden founder and CEO David Howden said acquiring what he called “one of the top five brokers in its field” fits squarely within the company’s expansion blueprint.
By pairing Howden’s global reach with Atlantic’s U.S. strength, the combined business is expected to unlock “huge opportunities” to support leading private equity firms and their portfolio companies, he said.
Both companies’ boards have approved the transaction, which remains subject to customary closing conditions that were not detailed.
