MBO for Blythin & Brown
Shawbrook Bank supported the venture with a commercial loan.
Jonathan Blythin and Richard Picton have completed a management buyout (MBO) of Blythin & Brown.
Both have been longstanding members of the management team and took the step following the retirement of shareholders.
The Leicestershire-based insurance broker has been providing insurance solutions to its customers for over 50 years, specialising in general commercial insurance, with an extensive track record in the construction, leisure and hospitality sectors.
Legacy
Richard Picton, director
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