Blog: Has the pandemic strengthened the case for brokers to seek PE deals?
Partnering with private equity may help brokers succeed during what looks set to be a complex, challenging, but potentially rewarding period, argues Andrew Backen, partner, Equistone Partners Europe.
The rising tide of private equity investment into insurance distributors has been a trend for many years. Across 2018 and 2019, private equity was indirectly involved in over two-thirds of the merger & acquisition transactions involving UK insurance distributors valued above £5m, according to IMAS Corporate Finance.
But as the pandemic takes effect on the economy, leading to sweeping operational changes and a recessionary environment, some observers predict a post-pandemic reduction in private
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