Rebranded GRP reveals loss and deal spend for takeover year
Global Risk Partners, now known as Brown & Brown Europe, spent £150m on 18 deals in the past nine months of 2022 as the sale of the consolidator completed, according to a filing at Companies House.
The document, for Brown & Brown UK – GRP Limited, showed the bill was settled with £109.4m in cash and the remainder in deferred consideration.
Related GRP-owned PCH snaps up two businesses Brown & Brown reveals £1.48bn price tag for GRP GRP posts £201m turnover ahead of Brown & Brown saleThirteen of the deals in the timeframe were outright buys, such as Archenfield, Prescott Jones and Independent Healthcare. In addition there were five purchases of renewal rights to
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