Hyperion reveals £300m spending pot and multiple deal wish list

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CEO David Howden says revenue and GWP increases for 2019 were driven by organic growth as the broker reveals it is looking at 20 acquisition targets.

Hyperion has posted a 17% increase in revenue for the year ended 30 September 2019, taking it up to £725m.

This follows a 16% uplift in revenue last year. The business also reported a 16% rise in adjusted consolidated Ebitda to £211m for 2019 and flagged that it had achieved total organic growth of 11% for the year.

David Howden, chief executive officer of Hyperion, told Insurance Age that the results were driven by organic growth and selective acquisitions.

“Organic growth is key for us and

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Markerstudy rebrands broking arm

Markerstudy Broking has been renamed to Markerstudy Distribution to encapsulate the range of products and services across the whole division, the business has confirmed.

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