Private equity behind 71% of UK broker deals in 2020

Money

Private equity firms were involved in 71% of M&A deals in the UK insurance broking sector last year, according to research by Mazars.

The advisory and consultancy firm stated in its Insurance Broker M&A Outlook 2021 that the number of acquisitions in the broking sector had remained stable despite the pandemic. In comparison, overall UK all sector deals were down by 10% on 2019.

Speaking exclusively to Insurance Age, Simon Fitzsimmons, director – insurance M&A at Mazars explained that the

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