EQT Fund Management S.à r.l. – McGill and Partners Group

WA-40046

The acquirers, Matrix Acquisition Bidco Ltd (**BidCo**) and Matrix Acquisition TopCo Ltd (**TopCo**), are special purpose vehicles indirectly wholly owned by EQT X, a private investment fund solely controlled by EQT Fund Management S.à r.l. (**EFMS**). EFMS is the alternative investment fund manager of EQT X, which forms part of the EQT group of investment funds. EFMS is wholly owned by EQT AB (publ) (Sweden). Pursuant to a Sale and Purchase Deed dated 4 September 2026, BidCo and TopCo propose to acquire the entire issued share capital and sole control of McGill and Partners Group Ltd (**McGill and Partners**) from Thunderbolt Cayman Limited, a vehicle affiliated with Warburg Pincus LLC (the **Acquisition**). McGill and Partners are a boutique specialist reinsurance broker that acts as an intermediary between clients and reinsurance markets, assisting corporate and institutional clients in identifying, structuring and placing coverage for complex and specialist commercial risks. McGill and Partners are headquartered in the United Kingdom, with various subsidiaries and offices located in other jurisdictions including Ireland, the United States, Bermuda, Australia, Switzerland and Sweden. In Australia, McGill and Partners primarily operates through its Australian subsidiary, McGill and Partners Australia Pty Limited. Its business activities are limited to the supply of non-life facultative reinsurance broking services. It does not itself underwrite or assume insurance risk.