M&A

Aon, a global leader in professional services, has finalised the acquisition of NFP, a prominent middle-market player offering property and casualty broker, from Madison Dearborn Partners (MDP) and HPS Investment Partners.

IBM has acquired HashiCorp a multi-cloud infrastructure automation firm, at a deal valued at approximately $6.4bn, with IBM offering $35 per share.

Paystand, the global leader in blockchain-enabled B2B payments, has acquired Teampay, an industry-leading spend management software.

FINSIGHT has acquired T-REX to advance cashflow analytics in the global private credit and structured finance sectors.

KnowBe4 has announced its plans to acquire Egress, a prominent figure in adaptive and integrated cloud email security.

Trustmark National Bank has agreed to sell its wholly owned subsidiary, Fisher Brown Bottrell Insurance, Inc. (FBBINSURANCE), to Marsh & McLennan for $345m in cash.

Arthur J. Gallagher & Co., a global insurance brokerage, has announced the acquisition of Australia-based Prasidium Credit Insurance.

Chubb, a global insurance leader, announced a definitive agreement to acquire Healthy Paws, a US-based managing general agent (MGA) specialising in pet insurance, from Aon.

Aurionpro Solutions Limited has announced the acquisition Arya.a in a bid to enhance its portfolio of enterprise FinTech offerings with cutting-edge AI technologies.

TabaPay, Inc., a leading instant money movement platform, has announced that it has agreed to acquire the assets and affiliates of Synapse Financial Technologies, Inc., marking a pivotal move in its growth trajectory.