County Group’s profit surges after acquisition frenzy in 2016

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The County Group has more than doubled profit after tax in the year to 30 September 2016.

Profit after tax rose by 107% to £944,752 (2015: £456,788) which the firm said was driven by a mixture of organic and inorganic growth.

Turnover for the period increased by 33% to £9.29m (2015: £6.98m).

Acquisitions have been part of County’s growth strategy.

The final deal of the financial year was for Staffordshire-based insurance broker G R  Plimbley for an undisclosed amount.

Since the end of the f

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