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PIB sold to Apax funds

The investment is set to “accelerate strategic M&A” for the broker as it is also confirmed that former backer, the Carlyle Group, has retained a minority stake in the business.

Be Wiser takes Endsleigh CEO

The broker has also changed Peter Hubbard’s role from non-exec chairman to NED to enable him to work more closely with Mark Bower-Dyke on the business’s strategy.

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