Melior Equity Partners takes majority stake in BHP Insurance
As part of the private equity investment, BHP will acquire Keegan Meredith & Williams Insurances, a commercial insurance brokerage based in Dublin
Melior Equity Partners, the Irish private equity fund, has acquired a significant majority stake in Dublin-based BHP Insurance for an undisclosed sum. This is the first investment made by Melior since it launched its second private equity fund last year.
BHP Insurance is a brokerage business headquartered in Blanchardstown that provides insurance options to more than 5,000 non-profit organisations such as charities and voluntary groups in Ireland.
The firm is extremely profitable. According to accounts ...