GRP’s purchase prices revealed

Deal

Global Risk Partners (GRP) spent over £64m in cash across 15 acquisitions in the year ended 31 March 2018.

The total cost including deferred/contingent consideration, shares and ‘put and call’ options was £112.6m. Both figures were the biggest annual totals in the firm’s history.

Deals in the financial year began on 13 June 2017 with buying 67% of Green Insurance Brokers through a 100% share purchase of Minority Venture Partners.

The cost of £17.3m included £6.7m in cash.

And the period

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: