
Broker Network owner set to make more deals with fresh funding

Bravo Group, owner of Broker Network and Compass, is set to agree on an £80m loan facility with a major bank, which it will use to fund acquisitions.
Simon Drew, group chief financial officer at Bravo, told Insurance Age that the loan is in addition to the firm’s current funding and takes its acquisition facilities up to just under £200m.
“We have £110m today for the acquisitions and the additional £80m gives us more fire power for further acquisitions for the group,” Drew continued.
He added
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Broker
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- PIB sold to Apax funds
- FCA orders insurers to pay claims swiftly following Supreme Court ruling
- Aviva confirms office closures amid restructure
- Blog: Professional indemnity - Was 2020 the eye of the storm?
- Aviva’s Patrick Tiernan moves to Lloyd’s
- GRP-owned Premier Choice Healthcare makes first deal
- Blog: The broker fallout from the Supreme Court BI ruling