PIB mandates Evercore for sale process
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PIB mandates Evercore for sale process

The consolidator boasts an Ebitda of around £250mn, and at prevailing multiples could secure a valuation of £3.75bn-£4bn.

By Adam McNestrie Rachel Dalton
October 21, 2024
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Two business men shaking hands during a meeting to sign agreement and become a business partner, enterprises, companies, confident, success dealing, contract between their firms

UK and international broker consolidator PIB has appointed Evercore to run a sale process, as owners Apax and Carlyle look to secure liquidity, Insurance Insider can reveal.

The

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