Home > M&A deals 2020 > Nexus Underwriting Management Ltd. acquires Howden Broking Group Ltd. - Trade Credit Business
Divestiture · Insurance · March 2020

Nexus Underwriting Management Ltd. acquires Howden Broking Group Ltd. - Trade Credit Business

On March 9, 2020, Nexus Underwriting Management Ltd. acquired Howden Broking Group Ltd. - Trade Credit Business, an insurance company in United Kingdom, from Howden Broking Group Ltd.

Deal at a glance

AnnouncedMarch 9, 2020 TypeDivestiture TargetHowden Broking Group Ltd. - Trade Credit Business Buyer Nexus Underwriting Management Ltd. Seller Howden Broking Group Ltd. SectorInsurance LocationUnited Kingdom ValueNot disclosed

Target company

Howden Broking Group Ltd. - Trade Credit Business
United Kingdom
Insurancesector
2005founded
Activestatus
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Buyer

Company · 6 deals on record
  • 6th transaction in insurance
  • 4th transaction in United Kingdom
6deals, all time
6in this sector
2020latest

Seller

Company · 3 deals on record
3investments
2in this sector
1exits

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Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Howden Broking Group Ltd. - Trade Credit Business?Nexus Underwriting Management Ltd. acquired Howden Broking Group Ltd. - Trade Credit Business on March 9, 2020.

Who sold Howden Broking Group Ltd. - Trade Credit Business?Howden Broking Group Ltd. was the seller.

What type of deal was it?It was a divestiture in the insurance sector in 2020.

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