Broker space still attractive to investors
Inflexion’s Peter Shaw tells Insurance Age why the sector is still a safe bet for private equity.
“M&A [in broking] has not slowed relative to other sectors. There is a high level of recurring income and retention.”
This is the view of private equity investor Peter Shaw, of Inflexion discussing M&A through Covid-19.
He added: “There is good visibility in business performance and [consolidation] offers the chance to be part of something larger and a safe harbour.”
A number of deals have gone through this year despite the world being trapped in the grip of coronavirus. As examples, GRP hub
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