This week’s biggest M&A stories

Starting off the week, The Broker Investment Group (TBIG)-backed Deva Risk Group expanded its North Wales footprint with the acquisition of David Vaughan and Co.

David Vaughan and Co, which has been trading for 51 years, offers propositions for both personal lines and SME commercial insurance clients.

• Family-owned £1.2m GWP broker acquired after 51 years

Then, it was announced that Acrisure had raised £1.6bn ($2.1bn) in a funding round led by exiting Esure owner Bain Capital.

The US provider, which was founded as a broker, said funds from the round would be used to pursue strategic accretive M&A and accelerate its development as a technology-enabled financial services platform.

• US provider expanding in UK secures $2.1bn in funding round led by exiting Esure owner

Following this, Davies secured new credit facilities of £275m to accelerate its organic and M&A growth strategy.

The new senior facilities have been provided by existing lead lender Blackstone Credit and Insurance.

• Professional services firm secures £275m to accelerate M&A and organic growth strategy

Rounding off the week, Aon-owned NFP appointed Martin Alsop as the managing director of Clay GBP, its UK business management consultancy firm.

Clay GBP was acquired by NFP in March 2025 and is currently part of NFP-owned Ground Control Business Management.

• Aon-owned NFP makes senior hire after acquiring UK-based consultancy