Aon's $13.4 Billion Acquisition of NFP Expands Middle-Market Presence

Aon, a global professional services firm, has announced its acquisition of NFP, a leading middle-market provider of risk, benefits, wealth, and retirement plan advisory solutions. The $13.4 billion deal will expand Aon's presence in the middle-market segment and enhance its distribution capabilities. NFP will operate as an independent platform within Aon, with its CEO, Doug Hammond, continuing to lead the business. The acquisition is expected to drive long-term EPS accretion and contribute to strong combined free cash flow. The transaction is subject to regulatory approvals and is expected to close in mid-2024.