Private Equity

Western Europe

EQT bets on long-term trends in insurance broking with McGill; Altor exits Flex IT to Eurazeo’s T1A

Altor has divested Flex IT, a circular IT business, to Eurazeo, which is combining the company with its existing portfolio business T1A Group.

3 min read · 07 September 2026

EQT agrees to acquire McGill and Partners from Warburg Pincus for $2bn

McGill and Partners is an independent specialty (re)insurance broker founded in 2019 that has grown to more than 600 colleagues across seven countries, serving over 1,000 clients and generating revenue in excess of $250 million.

2 min read · 04 September 2026

Insurance, healthcare and energy metering deals round out the week; A&D in focus in They Said It

VIPR’s platform processes around 500,000 bordereaux annually, representing about $12 billion of gross written premium, across a base of blue-chip customers.

4 min read · 04 September 2026

Magnesium Capital invests in metering and energy data biz TMA

TMA is a provider of end-to-end metering and energy data management services to the GB energy market.

1 min read · 03 September 2026

Bridgepoint acquires majority stake in insurance-tech platform VIPR from Tenzing

Founded in 2009, London-based VIPR processes around 500,000 bordereaux annually, representing about $12 billion in gross written premium across the global insurance market.

2 min read · 03 September 2026

Pollen Street's Pivotal acquires mortgage broker LR Finance

Founded in 1996 and led by managing director Elanor Hill, LR Finance advises clients on mortgages, protection and buildings and contents insurance.

1 min read · 03 September 2026

Growth Partner backs UK and Ireland aesthetics distributor Healthxchange

Founded in 2000, Healthxchange serves more than 10,000 aesthetic practitioners and partners with major brands including Allergan, Galderma, Obagi and Medik8.

1 min read · 02 September 2026

Apax Digital agrees to become majority shareholder in Wematch

The London-based platform manages close to $2tn of outstanding notional and processed some $7tn in basket substitutions over the past year.

2 min read · 02 September 2026

NorthEdge exits cybersecurity distributor Distology to Foresight Group

The Stockport-based cybersecurity distributor serves customers across the UK and Northern Europe from operations in the Netherlands and Germany, and posted a 48% EBITDA CAGR over the two years to FY26.

2 min read · 02 September 2026

Fund admin in focus as Permira, CPP Investments complete JTC take-private; Inflexion adds Luxembourg arm to Baker Tilly

Inflexion made a minority investment in Baker Tilly Netherlands in early 2025 before announcing plans to merge it with the Belgian entity later that year.

4 min read · 02 September 2026

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