DR&P deals costs revealed in run-up to BMS sale
DR&P spent more than £12m on five acquisitions in the financial year ahead of selling up to BMS, filings at Companies House have revealed.
European mid-market private equity house Inflexion agreed to sell its investment in Merseyside-headquartered David Roberts & Partners to BMS Group this July.
The takeover will add 400 people in 25 offices across the UK and Europe, handling in excess of £620m gross written premiums to BMS.
A document at Companies House for DR&P holding company Project Hammond Topco showed the purchase of Macclesfield-based Lloyd Bolam Insurance Brokers was the biggest in 2023.
The purchase in January 2023 of 85% of
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