THB Group to hit the acquisition trail

Frank Murphy chief executive THB

THB Group chief executive, Frank Murphy, has expressed his satisfaction at the company's 2009 results despite flat trading, describing it as a credible performance in a continuing soft market.

He added that the company was looking to acquire both businesses and teams in 2010 revealing that he was in talks with at least two teams currently employed with national brokers.

Profit before tax remained flat at £0.6m for the 12 months ending 31 October, compared to the previous year.

However, while

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