Brown & Brown discloses Quintes deal details

Last week, Brown & Brown announced an agreement to acquire Dutch insurance broker Quintes Holding from Aquiline Capital Partners.

In an investor call today, Brown & Brown shared that the purchase price is just over $700 million and that it will use cash and revolving credit to fund the deal. CFO Andrew Watts added that they are projecting revenues for 2025 to be in the range of $110 million to $120 million for the Dutch company.

Founded in 2012, Quintes serves approximately 200,000 customers across its three main divisions: broking, MGA and pension business.