
CBG Group acquires niche broker
Highlights
CBG has agreed to pay an initial consideration of £1,450,000 in cash for Barclay Brown. Further deferred and additional consideration totalling a maximum £1,850,000 is payable in cash and shares over a two year earn-out period against achievement of targets. Barclay Brown’s operational businesses reported profit before tax of £237,619 on turnover of £1,710,275 in the year to 30 September 2007. The acquisition consolidates CBG’s position within the North West marketplace. CBG willOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Broker
Most read
- Aviva enters exclusive discussions to buy Azur’s HNW operation
- RSA re-jigs leadership team to bring customer operations and claims together
- Blog: Nine ways to reduce risk in tech firm contracts
- FCA speeds up permission removal process
- Michael Gove slams "neither fair nor decent" high premiums for leaseholders
- Zurich to sell Russian business to local team and exit market
- FCA warns on Broker Express clone