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PIB buys Morton Michel

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Existing management team will continue to lead Morton Michel following the deal.

PIB Group has bought Croydon-based Morton Michel, which is its tenth deal in 16 months.

Morton Michel was founded in 1964 and is a specialist broker focused on meeting the needs of service providers and institutions in the childcare sector.

According to PIB, the broker insures approximately 24,000 childminders and nannies; 9,000 nurseries and pre-schools; as well as 5,000 out of school clubs and holiday play schemes, along with numerous social and voluntary groups connected with childcare.

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