Quintes
Liberty advises the management team of Quintes on its acquisition by Brown & Brown Inc.
Liberty Corporate Finance is delighted to announce they have advised the management team of Quintes Holding B.V. (“Quintes”) on its acquisition by US listed Brown & Brown Inc., a leading insurance brokerage firm, from Aquiline Capital Partners.
Founded in 2012 by Gijsbert van de Nieuwegiessen, Quintes has grown into one of the largest independent insurance brokers in the Netherlands. Since receiving support from Aquiline in 2020, Quintes has expanded its geographical presence throughout the Netherlands, establishing a comprehensive network of regional hubs. This expansion has enabled nationwide client coverage and provided a platform for local mergers and acquisitions.
Quintes has completed over 80 acquisitions under Aquiline's ownership while maintaining steady organic growth, bolstered by its expansion into core areas such as pensions and health services, and the integration of its proprietary Managing General Agent ("MGA") across its portfolio. Today, Quintes serves approximately 200,000 SME and retail customers in the Netherlands through its three main divisions: broking, MGA, and pensions.
Liberty advised the management team led by Gijsbert van de Nieuwegiessen on their new incentive arrangements within Brown & Brown Inc.
Quintes has demonstrated incredible growth from a start-up just 12 years ago. Gijsbert and his team have developed a market leading business and have found a partner in Brown & Brown Inc who share their ambition to grow further across the Netherlands and into other jurisdictions in Europe. We wish them every success.
Michael McDonagh
Partner
+44 (0) 7715 705 000
michael.mcdonagh@liberty-cf.com