Madison Dearborn-owned NFP acquires McLean Hallmark
NFP Corp has acquired McLean Hallmark Insurance Group Ltd, a Toronto-based provider of property and casualty solutions, for an undisclosed amount. McLean Hallmark specializes in trucking, car dealerships, moving and storage, marine and surety solutions, private client insurance, as well as employee benefits and pension services. President and CEO Daryn McLean and COO John Belyea will join NFP Canada. NFP, a New York-based insurance broker and consulting business, said the deal strengthens its specialty capabilities and ability to serve Canadian clients. NFP was acquired in 2013 by U.S. private equity firm Madison Dearborn Partners for about US$1.3 billion.
3 July 2019•3 mins read
