Nexus buys trade credit broker Credit Risk Solutions
Credit Risk Solutions will continue to be led by its founding shareholders amid plans to make regional acquisitions.
Credit Risk Solutions (CRS) has been bought by specialty managing general agent Nexus Group for an undisclosed sum.
The deal will see the trade credit broker, which has bases in Halifax, Manchester and Birmingham, continue to be run by founding shareholders Mike Clark, Hayden Tennant and Lisa Humphries.
A statement from Nexus confirmed that CRS will remain an open market broker and operate independently of the underwriting operations of Nexus.
Nexus revealed the plan is to accelerate the
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