Sale of 100% of AD Corretora de Seguros to Marsh
Olimpia Partners advised on this M&A (sell-side) transaction involving AD Corretora and Marsh, in the Insurance sector. Deal value: Confidential.
Exclusive financial advisor to AD Corretora de Seguros.
AD Corretora & Marsh
Insurance · M&A (sell-side) · Confidential
Case Study
• In December 2016, Marsh announced the acquisition of 100% of AD Corretora de Seguros’ capital stock
– AD Corretora de Seguros is one of the largest privately-held insurance brokers in the country and is a leader in the corporate segment in the countryside of the State of São Paulo
• The acquisition further demonstrates Marsh’s commitment to expanding its footprint in Brazil, specially in the State of São Paulo, one of the most dynamic regions in the country
• AD Corretora de Seguros businesses are complementary to Marsh’s and will allow the buyer to expand its services to mid and small companies, especially in the sugar and ethanol and infrastructure sectors
• AD Corretora de Seguros’ key executives will continue to lead the company’s business that will be integrated into Marsh’s
• Formed in 1980, AD Corretora is a highly regarded insurance broker specializing in mid-market business with particular expertise in the sugar refining, agri-business and infrastructure sectors. Headquartered in Bauru, it also has offices in Ribeirão Preto, Araçatuba and São Paulo
• Marsh is a global leader in insurance broking and risk management. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies, a global professional services firm offering clients advice and solutions in the areas of risk, strategy, and people. Marsh & McLennan Companies has more than 60,000 employees worldwide and annual revenues of R$13 billion
– Marsh began its operations in Brazil in 1955 and is currently one of the largest insurance brokerage and risk management companies, with more than 1,200 employees in eight offices
Transactions