Clear reveals £171m buying bill
Clear’s 12 strong acquisition spree in the year ended 31 October 2024 generated a £170.9m bill, a filing at Companies House has revealed.
The cost was settled through £66.7m in cash, £65.2m in deferred consideration and the remainder in shares, the document for Clear Investments (UK) showed.
The combined price tags created a new record, outstripping the £102.4m for 10 purchases in 2023.
In the latest batch snapping up wholesale marine and property specialist Lloyd’s broker Lilley Plummer topped the charts at £75.2m.
Financial year dealsPeter Hoare Insurance Brokers (November 2023)PW White & Partners (December 2023)Porticus InsuranceOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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