Private equity most likely buyer in Swinton sale
Brokers speculate that a house specialising in “turnaround” could buy the broker which is believed to be on the market for £400m.
Personal lines broker Swinton is on the market and sources believe the most likely buyer could come from the private equity sector.
It is thought that the business is for sale for around £400m.
A recent alert by consultancy IMAS advised that Swinton was one of a large number of deals “on the block”.
IMAS founder Olly Laughton-Scott commented: “It is possibly a private equity deal because it needs to be sorted out.
“If they [private equity] find a strong manager there might be an opportunity
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