De Brauw is advising Aquiline Capital Partners on the sale of its stake in Quintes, one of the largest independent insurance brokers in the Netherlands, together with the other shareholders being Gijsbert van de Nieuwegiessen (founder) and key management, to Brown & Brown, Inc.

Quintes was founded in 2012 by Mr van de Nieuwegiessen and was acquired by Aquiline in 2020 (along with a roll-over of key management). Brown & Brown, Inc. is a leading insurance brokerage firm, with 500+ locations worldwide, delivering risk management solutions to individuals and businesses since 1939.

The transaction is expected to close in the fourth quarter of 2024, subject to certain closing conditions, including the receipt of required regulatory approvals for the acquisition.