EQT, a Swedish buyout firm, agreed to acquire a majority stake in UK insurance broker McGill and Partners from Warburg Pincus LLC for $2 billion. ^[1] EQT plans to accelerate McGill and Partners' global expansion through talent recruitment in key markets, development of technology and data capabilities, and expansion of digital solutions, building on the firm's unified technology stack for data analytics and AI. ^[2] McGill and Partners founders, management team and employees will reinvest alongside EQT and retain a meaningful ownership stake in the company after the sale. ^[3] McGill and Partners generates revenues exceeding $250 million, employs more than 600 people across seven countries, and serves over 1,000 insurance and reinsurance clients. ^[4] Warburg Pincus will sell its equity stake in McGill and Partners in full, marking the end of its partnership that began with a cornerstone investment at the firm's inception in May 2019. ^[5]