Ataraxia backs Thompson & Co's MBO

past-present-future

Investor takes minority stake in the business as it completes its third deal since May.

Thompson & Co has completed a management buyout backed by Ataraxia Broking, Insurance Age can reveal.

The deal for an undisclosed sum saw existing shareholders of the family-owned broker reduce their stake in the firm, allowing others in the existing management team to increase their holdings.

In addition, Ataraxia became a minority shareholder in the West Midlands-based business.

Succession
The deal was completed on 28 August, and the investor noted it would give the owners the “comfort of

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