Goldman Sachs Asset Management Acquires Clear Group from ECI Partners
June 27, 2022
Goldman Sachs Asset Management’s private equity business has agreed to acquire Chartered insurance broker Clear Group from ECI Partners, subject to regulatory approval. Clear Group, which has grown via 10 acquisitions under ECI and now employs over 600 people across 15 locations while handling over £330m of premiums, will be backed by Goldman Sachs to continue its M&A-driven scaling strategy.
- Buyers
- Goldman Sachs Asset Management (Private Equity business)
- Targets
- Clear Group
- Sellers
- ECI Partners
- Industry
- Insurance
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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