Strategy+ Advises CD&R on Acquisition of Truist Insurance Holdings

By

Strategy+ originated and advised PE Firm Clayton Dubilier & Rice, LLC on the $15.5 Billion acquisition of Truist Insurance Holdings.

Strategy+ advised global private equity manager Clayton Dubilier & Rice, LLC on the acquisition of the fifth largest insurance brokerage in the United States, Truist Insurance Holdings (“TIH”). The definitive agreement was announced February 20, 2024. The all-cash transaction valued TIH at an implied enterprise value of $15.5 billion or approximately 18x TIH’s 2023 core EBITDA.

‍

Read the transaction press release

Note to Editors: This press release may contain forward-looking statements regarding Strategy+’s intentions and interests. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results may differ materially from those expressed or implied in these statements. The firm does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

strategyadd.com (the “Strategy Group LLC Website”) is a website operated by Strategy Group LLC, a privately held Florida limited liability company. Strategy Group LLC is not a registered broker-dealer. Strategy Group LLC provides strategic advisory and consulting services strictly in connection with mergers and acquisitions and capital raising. Strategy Group LLC does not act as a broker-dealer, does not engage in securities transactions, and does not receive transaction-based compensation. Strategy Group LLC’s services are limited to strategic advisory, and it does not perform or facilitate securities sales or trades.