Brown & Brown CEO warns on exits for PE-backed brokers
Investors in private equity-backed insurance brokers may struggle to realise the exits they expected, as higher borrowing costs and slowing growth put pressure on valuations across the distribution sector, Brown & Brown CEO Powell Brown has warned.
Investors in private equity-backed insurance brokers may struggle to realise the exits they expected, as higher borrowing costs and slowing growth put pressure on valuations across the distribution sector, Brown & Brown CEO Powell Brown has warned.
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