Warburg Pincus weighs potential sale of McGill and Partners

Core Viewpoint - Warburg Pincus is considering a potential sale of McGill and Partners, with the transaction possibly valuing the business at over $1 billion [1][2]. Group 1: Company Overview - McGill and Partners, an insurance broker based in London, was established in 2019 by Steve McGill, who previously served as group president at Aon [2]. - The company reported revenue growth exceeding 20% in the first half of 2025, along with a 79% increase in adjusted earnings before interest, taxes, depreciation, and amortization compared to the same period the previous year [3]. Group 2: Investment and Financials - Warburg Pincus made its initial investment in McGill and Partners in 2019 and later transitioned the business into a multi-asset continuation vehicle supported by HarbourVest Partners, Ardian, and the Canada Pension Plan Investment Board [3]. - In September, McGill secured new credit facilities totaling $300 million from Morgan Stanley, Permira, and Bridgepoint Group to support its next phase of growth [4]. Group 3: Potential Sale Process - A formal sales process for McGill and Partners may be initiated later this year, although Warburg Pincus might choose to retain ownership [2].