McGill and Partners delivered record first-half results in 2025, reporting more than 20% organic revenue growth and a 79% jump in adjusted EBITDA compared with the same period last year.
The specialty broker also announced it has secured $300mn in new credit facilities from Morgan Stanley, Permira, and Bridgepoint.
The refinancing marks another milestone in the firm’s evolution. Management said the new structure provides long-term lender support at conservative leverage, while also enabling a dividend recapitalisation that will return capital to eligible shareholders.
The package includes a senior facility, an acquisition facility targeted at investment in technology and talent—AI among the priorities—and a revolving credit line.
Combined with existing backing from Warburg Pincus, the refinancing creates a more flexible capital base to pursue growth.
CEO Steve McGill said the results underscore how far the company has come in six years. “We’ve reached a level of maturity that gives us more attractive financing options to support our ambitions,” he noted, pointing to the firm’s client-centric model, integrated platform, and consistent revenue growth.
We stand apart from others in the sector as a global specialty firm built organically, with a client-centric, single P&L, a unique culture, a state-of-the-art and fully integrated platform, and market-leading revenue growth
Steve McGill, Chief Executive Officer of McGill and Partners
“It is these differentiators, coupled with the new financing arrangement, that will deliver exceptional client value and allow all our colleagues to reap the benefits of our collective endeavours as the business continues to thrive and deliver on its growth potential,” Steve McGill said.
James O’Gara of Warburg Pincus framed the refinancing as validation of the firm’s trajectory from start-up to established specialty broker. He credited McGill and his team with building the business from scratch, highlighting its culture, tech-driven platform, and differentiated approach to client delivery.
The reward is a truly differentiated firm, with a singular culture, unique technology-led approach and an integrated platform poised to continue its impressive organic growth track record.
James O’Gara of Warburg Pincus
The new financing, he added, gives McGill and Partners fresh firepower to expand, particularly through talent acquisition, while sustaining its record of organic growth.
