In the News July 1, 2013

Alston & Bird Completes Largest Insurance Brokerage Deal of the Year

Attorneys from the firm’s Corporate Transactions, Tax, Executive Compensation and ERISA Groups successfully represented client Beecher Carlson Holdings, Inc., in what has been called the largest insurance brokerage deal of the year, with the sale of the Atlanta-based company to Brown & Brown, Inc., for $360 million.

The firm has represented Beecher Carlson— formerly a portfolio company of private equity firm Austin Ventures, with equity also held by FSPM, management and outside investors—for more than nine years since the company’s inception.

Beecher Carlson was represented by Teri McMahon, supervising partner, as well as Kyle Healy and Charlie Yates. Macquarie Capital served as the investment banker for Beecher Carlson.
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