Madison Dearborn Partners to Acquire NFP Wealth Business From Aon for $2.7 Billion

Paul, Weiss is advising Madison Dearborn Partners, LLC, in its approximately $2.7 billion acquisition of a significant majority of NFP’s wealth business, including Wealthspire Advisors, Fiducient Advisors, Newport Private Wealth and related platforms, from leading global professional services firm Aon plc. Under the terms of the transaction, the MDP-acquired businesses will be consolidated and operate under a unified brand name. The deal is expected to close late in the fourth quarter of 2025, subject to customary closing conditions.

The Paul, Weiss team is led by corporate partners Lukas Richards, Matthew Collin and Adam Givertz, and includes partners Aaron Schlaphoff, Benjamin Wilkinson, Reva Raghavan, Prem Mohan and David Hepp, and counsel Martin Ziessler and Nathan Mitchell; tax partners Scott Sontag, Cian O’Connor and Deeksha Rathi, and counsel Daniel Bleiberg; intellectual property partner Jonathan Ashtor, and counsel Matthew Rosenberg and Elana Bensoul; executive compensation partner Rebecca Coccaro, and counsel Jake Glazeski, Lisa Krausz Eisenberg and Bruce Goldberger; antitrust partner Annie Herdman and counsel Todd Hahn; litigation partners Geoffrey Chepiga and Andrew Gordon, and counsel Audrey Paquet; and real estate partners Matthew Dulak and Ida Nowaid.