NEWS
Aon
Merges M&A Advisory Teams in Global Risk and Human Resource
Consulting to Meet Increased Client Demand
Corporate and private equity clients to benefit
from integrated risk and human capital solutions
28
Jan 2011
CHICAGO
-- Aon Corporation (NYSE: AON), 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."