Davis shared his optimism about the merger, stating, “Marsh McLennan’s global resources and insights will enable us to deliver even greater value to those we serve while creating exciting opportunities for the growth and development of our team.”
Financial Structure and Market Impact
As part of the deal, Marsh McLennan will assume a deferred tax asset valued at approximately $500 million. The acquisition aligns with Marsh McLennan’s broader strategy to grow through acquisitions. Earlier this year, the company purchased The Horton Group, an Illinois-based insurance brokerage.
The acquisition follows other notable insurance industry megadeals, including Aon PLC’s $13.4 billion purchase of NFP in December 2023.
Marsh McLennan $7.75B McGriff Buy : Legal Representation
Marsh McLennan is being advised by Wachtell Lipton Rosen & Katz, with corporate partner Daniel A. Neff and antitrust partner Nelson O. Fitts leading the team. Simpson Thacher & Bartlett LLP is representing TIH Insurance Holdings, with M&A partners Elizabeth Cooper and Mark Viera heading the legal team.
