ARQIS advises Aon in conjunction with the acquisition of TRIUM Group
ARQIS has advised Aon Group (Aon) on the acquisition of TRIUM Insurance Broker and its subsidiaries (TRIUM), an insurance broker specialising in risk management in the real estate sector. The transaction is subject to customary closing conditions.
The parties have agreed not to disclose the purchase price.
The merger will enable Aon to expand its market position in the fast-growing real estate sector. Kai-Frank Büchter, CEO of the primary insurance broker at Aon in Germany, says: "The merger means new competencies for both sides: On the one hand there is an agile, owner-managed specialty broker and on the other a major broker with a broad range of products and an international network. The combination of the competences of Aon and TRIUM will create noticeable added value for our customers.”
TRIUM is an owner-managed company that has been providing highly professional consulting services to companies for more than ten years, primarily housing companies. Aon's Real Estate Special Unit, on the other hand, concentrates on large investors and regulated real estate funds. In addition, the globally positioned consulting and service company also offers a wide range of solutions in the areas of risk, pensions, employee development and health. Aon employs 50,000 people in 120 countries worldwide. In Germany, around 1,700 employees work for the company at twelve locations. The German headquarters are in located in Hamburg.
This is the first transaction, in which ARQIS supported Aon. The contact with the Aon’s transaction team was established in 2017 when the team around Jörn-Chr. Schulze represented SG Group in conjunction with its sale of the industrial brokerage business to Aon.