Aon Corporation, the leading global provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourcing, today said it has united its merger and acquisition practices to form Aon M&A Solutions, the largest provider of M&A risk and human capital solutions in the world.
Aon M&A Solutions will be led by Mark Arian and Brian Casey. Brian Cochrane will lead global sales and innovation. The group will be comprised of approximately 100 M&A professionals around the globe working in collaboration with specialty product, solution and industry practices across Aon. The group will be responsible for M&A-related client and project management, and for delivering innovative solutions to Aon’s corporate and private equity clients.
“To meet the pent-up demand for merger and acquisition activity, Aon is uniting its global M&A businesses in risk and human capital consulting,” said Greg Case, president and chief executive officer of Aon Corporation. “Clients demand and deserve the best deal execution team to address a full range of issues, from due diligence to executive compensation review.”
According to an October 22 Bloomberg article, the world’s 1,000 largest non-financial companies have nearly $3 trillion in corporate funds on their balance sheets. In addition, multiple industry reports have cited more than $1 trillion in untapped private equity capital across the globe.
“As the bulk of liquidity in the current market chases a finite number of acquisition opportunities,” Case added, “Aon’s clients will be best-positioned and competitively advantaged with our cutting-edge solutions and global support.”
Source : Aon Press Release