Mergers & acquisitions (M&A)
Bollington deal to “supercharge” Gallagher’s presence in the North West
UK Retail boss Michael Rea discusses the thinking behind Gallagher’s deal to buy Bollington and confirms it is looking to make further acquisitions.
Finch buys Compass member Headley Group
Headley brings over £13m in GWP to the Ethos-owned broker.
Gallagher buys Bollington
Bollington Wilson has been on the acquisition trail since 2019 and is believed to have GWP in the region of £250m.
SSP sale flies under the radar
The software house was bought by a Canadian firm in December as provider declines to comment.
MVP broker buys three businesses
Heath Crawford and Foster received investment from Peter Cullum-backed Minority Venture Partners three years ago.
Seventeen Group reports rising turnover and Ebitda
Group CEO Paul Anscombe says the business is set to make acquisitions in the first half of the year, after pausing its deal-making plans in 2020 due to the pandemic.
PIB reveals its first deal of 2021
The consolidator has purchased construction specialist UK & Ireland Insurance Services.
Markerstudy posts loss for "consolidation year" 2019
MGA confirms it is in discussions with Qatar Re after missing the deadline to pay back its near £200m loan, as it seeks fresh third party investment.
Ataraxia targets ten more deals in 2021
MD Adam Boakes discusses its most recent investment, working with Peter Cullum-backed Minority Venture Partners and how the pandemic has affected the business.
Lickens steps down as Clear CEO
Howard Lickens will move to the role of executive chairman as former A-Plan MD, Mike Edgeley takes up the CEO mantle.
Specialist Risk Group acquires equestrian broker
KBIS was established in 1991 and specialises in horse, horsebox and trailer and equestrian business cover.
Compass London Markets teams up with Bishopsgate Insurance Brokers
Parent company Ardonagh says move will give UK brokers access to the Lloyd's market and follows its deal to buy Compass owner Bravo Group in August 2020.
GRP buys Birmingham broker
Global Risk Partners (GRP) has purchased Newstead Insurance Brokers for an undisclosed sum.
Aston Lark buys superyacht specialist broker
Lloyd's broker CRS Yachts will join Aston Lark's European business.
Partners& buys Focus Oxford Risk Management
The business specialises in science and technology and private clients.
European Commission to review $30bn Aon/WTW deal
Aon confirms the European watchdog has launched a Phase II review of the merger but insists it is still "on track" to close the combination in the first half of 2021.
Ataraxia backs merger of Alan Stevenson Partnership and Seacombe Insurance Brokers
Peter Cullum-backed Ataraxia and Minority Venture Partners have both invested in the merged broking firms which are based in Altrincham.
Admiral sells Confused to Zoopla-owner for £508m plus accrued value
Zoopla parent ZPG Comparison Services Holdings finally snags an insurance aggregator after Go Compare rejected its advances in 2017.
Specialist Risk Group bought by private equity
Miles Smith-owner has been purchased subject to regulatory approval.
RSA directors urge shareholders to vote in favour of Intact/Tryg takeover
Shareholders are set to vote on the deal, which would see the UK part of the business sold to Canadian provider Intact, in January.
Silence on rumoured Gallagher/Bollington deal
Gallagher declined to comment on reports that it was in advanced discussions with the Manchester-headquartered business.
GRP buys digital commercial broker
Poole-based Insync has joined the GRP portfolio for an undisclosed sum.
Zego buys telematics firm
The motor provider has added Drivit to its portfolio as it seeks to shake-up commercial motor cover.
Markerstudy's Humphreys opens up on delayed Co-op deal
Group underwriting director Gary Humphreys discusses why the transaction took almost two years to complete, criticism from Unite the union, redundancies and future acquisition plans.