Loading LiveCycle Banners.
  1. News Articles
  2. Related News Articles
News Article Details

MMC Completes Sale of Kroll to Altegrity

Back | A- | A+
 Email This     Print     Subscribe

Posted on 04 Aug 2010

Marsh & McLennan Companies, Inc. (MMC) announced on Tuesday that it has completed the sale of Kroll Inc. to Altegrity, Inc, an international screening and security solutions company owned by global private equity firm Providence Equity Partners. The sale agreement was originally announced on June 7, 2010.

Under the terms of the agreement, MMC sold Kroll to Altegrity in an all-cash transaction valued at $1.13 billion.

MMC is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital. It is the parent company of a number of the world's leading risk experts and specialty consultants, including Marsh, the insurance broker and risk advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services; and Oliver Wyman, the management consultancy. With over 50,000 employees worldwide and annual revenue of $10 billion, MMC provides analysis, advice and transactional capabilities to clients in more than 100 countries. Its stock is listed on the New York, Chicago and London stock exchanges. MMC's website address is


Post a Comment
If you are a Storefront / Tradingfloor user, click here to login.
Note: As a guest user, please fill out the form below to post a comment.
Post your comments here.
Name :
Email Address :
Captcha :
Comments :
Character left : 2000