Aon has plans to acquire NFP — a middle-market property and casualty broker, benefits consultant, wealth manager, and retirement plan adviser — from funds affiliated with NFP's main capital sponsor, Madison Dearborn Partners, and funds affiliated with HPS Investment Partners. Under the terms of the transaction, Aon will acquire NFP for a total consideration estimated to be $13.4 billion.
The acquisition of NFP expands Aon's presence in the large and fast-growing middle-market segment, with capabilities across risk, benefits, wealth and retirement plan advisory. The firm's Aon United strategy, Aon Business Services operating platform and investments in advanced analytics have driven a long-term track record of results and the acquisition will enable the combined firms to efficiently deliver content and capabilities to the middle-market segment.
Doug Hammond, chairman and CEO of NFP, will continue to lead the business as an independent but connected platform within A
