Aon Acquires NFP in $13.4 Billion Deal

The acquisition, set to close in mid-2024, is part of Aon's strategy to expand its middle market presence and advisory capacity.

Aon plc has signed a definitive agreement to acquire insurance brokerage and consulting firm NFP for around $13.4 billion.
The deal is part of Aon's strategy to expand its presence in the middle market and increase its capacity for risk, benefits, wealth and retirement plan advisory.
The transaction, expected to close in mid-2024, is comprised of $7 billion in cash and $6.4 billion in Aon stock.
Following the acquisition, NFP will operate as 'NFP, an Aon Company'.
Aon shares were down more than 5.5% in midday trading on Wednesday.