CCV gains foothold in Leicester
Cullum Capital Ventures (CCV) has acquired Leicester-based LFE Insurance Services.
The £2m GWP business, run by Adrian and Helen Paintin, employs eight staff and serves a predominantly SME market but also has a personal lines book. All personnel will remain with the business which will continue to operate under its own brand and operate out of its existing premises.
CCV also stated it expected to make further acquisitions before the end of 2011.
Graham Barr, chief operating officer at CCV, commented: "The addition of LFE to our team sees us gain a foothold in Leicester for the
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