Direct Group makes second acquisition of 2012

Keyboard buy and sell keys

The purchase of the landlords' and caravan owners' insurance specialist is the second acquisition Doncaster-based Direct Group has made in 2012 – it bought laptop and mobile inspection specialist Circuit in April.

Funding for the deal was provided as part of a £15m refinancing facility from Lloyds Bank Wholesale Banking & Markets Acquisition Finance.

Derek Coles, CEO of Direct Group, said: “We provide a range of outsourced services to the industry and we are delighted to acquire the policy

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