Brokers have learnt from their "very bad" ways of buying businesses

Deals news

Olly Laughton-Scott, partner at IMAS has insisted that large brokers have learnt their lessons of buying smaller firms, summing up: "The lesson is don't try it". Addressing around 75 delegates at a lecture today (14 March) held in The Old Library at Lloyd's, Laughton-Scott explained how M&A had impacted the top 50 brokers. "The lesson they've [very large brokers] learnt is they can't do it and it's a good lesson to learn," he said. "There are some things you can't do as a big business. Therefore