Apax funds to sell minority stake in assuredpartners to arthur j. gallagher & co.

New york , dec. 9, 2024 /prnewswire/ -- funds advised by apax partners llp ("apax"), a leading global private equity advisory firm, today announced that they have entered into a definitive agreement to sell their minority stake in assuredpartners ("the company"), a premier global insurance brokerage firm, to arthur j. gallagher & co., a global insurance brokerage, risk management and consulting services firm, as part of a $13.45 billion all-cash transaction.
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