Australian insurance intermediary Steadfast Group has agreed to be acquired by a KKR‑backed consortium at an enterprise value of approximately A$7.7 billion (equivalent to US$5.5 billion). The transaction is expected to close in December 2026, with shareholders to receive A$6 in cash per share upon completion.

Founded in 1996 and listed on the Australian Securities Exchange in 2013, Steadfast Group is headquartered in Sydney. It is Australia's leading aggregator platform for insurance broking and underwriting agencies, with operations spanning Australia, Europe and Asia.