MARSHBERRY REPRESENTS HOWDEN BROKING ON THEIR Pending ACQUISTION OF VLC & PARTNERS
Howden expands footprint in the Netherlands with top independent insurance broker
WOODMERE, Ohio, December 20, 2023 – MarshBerry, a global M&A advisory firm for insurance brokers and wealth management firms, congratulates Howden Broking (Howden) on their pending acquisition of VLC & Partners Holding (VLC). MarshBerry served as the exclusive financial advisor to Howden on the transaction which closed on December 19, 2023.
Previously under the ownership of Dutch insurer, De Goudse NV and management, VLC is one of the largest independent insurance brokers operating in the Netherlands. The brokerage specializes in mid-corporates, small-medium enterprises, and high net worth individuals. It will integrate 500 employees and seven branches into Howden’s existing operations in the Netherlands. The acquisition further enables Howden to scale its existing operations in the Dutch market, one of Europe’s major insurance markets.
“This new combination creates an exciting next chapter in insurance distribution,” said Michel Schaft, MarshBerry Europe Managing Director. “VLC’s strong presence in the Dutch insurance market and Howden’s expertise in specialties and reinsurance blend perfectly together for the benefit of both clients and employees.”
Since 1999, MarshBerry has advised on more than 1,300 merger & acquisition transactions globally which is approximately 25% of the total tracked deal flow on deals with advisor credit in the insurance distribution industry during this period as reported by S&P Global Market Intelligence.
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Founded in 1981, MarshBerry is a global leader in financial advisory and consulting services serving the insurance brokerage and wealth management industries to help clients grow and advance their business strategies. With locations across North America and Europe, MarshBerry market sector expertise includes property and casualty agents & brokers, employee benefit firms and specialty distributors, partners in insurtech, capital markets, and insurance carriers, as well as registered investment advisors, retirement planning and life insurance firms. Clients choose MarshBerry as their trusted advisor for every stage of ownership to help them build, enhance and sustain value through Financial Advisory solutions (Investment Banking; Merger & Acquisition Advisory, Debt & Capital Raising, Business Consulting), Growth Advisory solutions (Organic Growth, Aggregation, Leadership, Sales & Talent Solutions) and Market Intelligence and Performance Benchmarking. Learn more at www.MarshBerry.com.
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