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Investigation begins as Riverbourne is rescued

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The Riverbourne Group, the Caterham-based broker that recently entered administration, has been purchased in a deal that will see the business split in two.

Fellow brokers Aston Scott and The Insurance Partnership have purchased the broker’s Caterham and Leeds offices respectively.

All jobs have been safeguarded. The deal was brokered by administrators Anthony Cork and Stephen Grant of accountancy firm Wilkins Kennedy.

Commenting on the sale, Mr Grant said: “I am delighted to have sold the business and would like to thank all the employees who have helped us to keep trading the business and for the support of the creditors which has allowed us to

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