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EQT agrees to buy McGill and Partners from Warburg Pincus for USD 2 billion

PUBT·09/04/2026 11:31:00
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EQT agrees to buy McGill and Partners from Warburg Pincus for USD 2 billion
  • EQT agreed to buy a majority stake in specialty (re)insurance broker McGill and Partners from Warburg Pincus for USD 2 billion.
  • Warburg Pincus will exit fully. Founders, management, and employees will reinvest alongside EQT and keep a meaningful stake.
  • Steve McGill will remain CEO. John Lloyd will stay involved as chairman.
  • EQT plans to back organic growth, hiring, and investment in technology, data, and digital solutions while keeping the firm’s independent model.
  • The deal is expected to close in H1 2027, subject to customary conditions and approvals.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EQT AB published the original content used to generate this news brief via Cision (Ref. ID: 202609040730BITN____UKPR__EN_20260903-BIT-6153-0) on September 04, 2026, and is solely responsible for the information contained therein.