VC giant buys first broker
The Blackstone Group has agreed to buy Alliant Insurance Services, the second largest privately owned broker in the United States. The company recently acquird the US operations of JLT for $100m.
Reuters reports that terms of the acqusistion were not disclosed, but claimed a source close to the deal said Blackstone will pay $1.2 bn.
"Alliant is an attractive platform due to its market
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