Business
Aon Signs Definitive Agreement to Sell Significant Majority of NFP's Wealth Business to Madison Dearborn Partners
Aon plc (NYSE: AON), a leading global professional services firm, today announced that it has signed a definitive agreement to sell a significant majority of NFP's wealth business – Wealthspire Advisors, Fiducient Advisors, Newport Private Wealth and related platforms – to Madison Dearborn Partners, LLC ("MDP"), a leading private equity investment firm based in Chicago.
About this update from Aon Plc
[{"type":"text","content":"- The agreement includes Wealthspire Advisors, Fiducient Advisors, Newport Private Wealth and related platforms - Transaction reinforces Aon's focus on core Risk Capital and Human Capital capabilities and presence in the middle market- Madison Dearborn Partners to support further growth of businesses to meet evolving client needs- Purchase price estimated to be $2.7 billion at time of close, which is expected in Q4 2025","length":579,"tagName":"p"},{"type":"text","content":"DUBLIN and CHICAGO, Sept. 3, 2025 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced that it has signed a definitive agreement to sell a significant majority of NFP's wealth business – Wealthspire Advisors, Fiducient Advisors, Newport Private Wealth and related platforms – to Madison Dearborn Partners, LLC ("MDP"), a leading private equity investment firm based in Chicago.","length":461,"tagName":"p"},{"type":"text","content":""With our 3x3 Plan to accelerate our Aon United strategy, we are more focused than ever on serving our clients' risk and people needs with distinction," said Greg Case, CEO of Aon. "This transaction reinforces our ongoing commitment to investing in and growing our core Risk Capital and Human Capital capabilities. Through disciplined portfolio management, we are further strengthening our capital position while enabling greater flexibility for high-return growth investments that drive sustained value creation and shareholder returns."","length":562,"tagName":"p"},{"type":"text","content":"Case added: "We remain highly committed to our core wealth and retirement business helping employers, fiduciaries and investment officers through our leading institutional retirement, investment consulting and delegated management capabilities and expertise."","length":269,"tagName":"p"},{"type":"text","content":""For more than twenty years, we have successfully generated value for our portfolio companies in the financial services sector and are tremendously excited to welcome these outstanding businesses back to MDP," said Vahe Dombalagian, Managing Partner and Co-Head of Fin...