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Law Practice

Jun. 9, 2010

Altegrity Buys Kroll for $1.13B

Marsh & McLennan Cos. spun off investigatory arm Kroll Inc. on Monday, selling the company to Virginia-based professional services firm Altegrity Inc. for $1.13 billion in cash.

By Sara Randazzo

Daily Journal Staff Writer

Marsh & McLennan Cos. spun off investigatory arm Kroll Inc. on Monday, selling the company to Virginia-based professional services firm Altegrity Inc. for $1.13 billion in cash.

The deal is expected to close by September and contribute to profits by the end of the year, said Altegrity spokesman Michael John. Altegrity is owned by Providence Equity Partners, a global equity firm sp...

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