EQT acquires McGill and Partners

● PLATFORM | INSURANCE

SEPTEMBER 4, 2026

EQT acquires McGill and Partners

TARGET

Specialty insurance and reinsurance brokerage serving large corporations and institutional clients with complex risks across aviation, marine, energy, cyber, and financial lines, placing approximately $4.5 billion of gross written premium through the Lloyd's and London market.

Revenue	>$250 million
Ownership	PE-backed
Prior owner	Warburg Pincus
Investors	Warburg Pincus
Headcount	600+ FTEs
Headquarters	London, United Kingdom
Leadership	Steve McGill, Founder and Chief Executive John Lloyd, Chairman
Sell-side advisor	Evercore; Perella Weinberg

ACQUIRER

EQT

Swedish global investment organization managing private capital, infrastructure, real assets, and secondaries strategies

Deal value	$2B valuation
Ownership	Publicly traded (Nasdaq Stockholm: EQT)
Headquarters	Stockholm, Sweden
Deal lead	Miriam Tawil, Partner
Buy-side advisor	Ardea Partners

Share deal Copy details View press release ↗

EQT -> McGill and Partners  (2026-09-11)
buyout | Insurance | $2 billion valuation | announced
Target: Specialty insurance and reinsurance brokerage serving large corporations and institutional clients with complex risks across aviation, marine, energy, cyber, and financial lines, placing approximately $4.5 billion of gross written premium through the Lloyd's and London market.
Website: mcgillpartners.com | Buyer site: eqtgroup.com
HQ: London, United Kingdom | Ownership: pe-backed | Seller: Warburg Pincus | Buyer ownership: public (Nasdaq Stockholm: EQT)
Advisors - Sell-side: Evercore; Perella Weinberg; Buy-side: Ardea Partners
Source: Thematic - https://thematichq.com/software/d/eqt-mcgill-and-partners.html

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