TBIG boosts minority stake to majority holding in latest deal
The Broker Investment Group has upped its stake in Hertfordshire-headquartered Scott Blain Insurance Consultants to 74% having first invested in the broker with a minority shareholding of 30% in 2015.
The £9m gross written premium broker has been operating for more than 25 years serving customers across London, Hertfordshire and Essex.
The team of 15 generate around 70% of the firm’s income from commercial lines with remainder from personal lines.
Our relationship with Scott Blain spans more than 10 years, so this transaction is far more than a traditional acquisition. It is the natural progression of a partnership that has delivered consistent growth, strong client retention and an outstanding
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