Matthews denies Footman James is for sale
Paul Matthews, managing director of niche personal lines motor broker Footman James, based in the We...
Paul Matthews, managing director of niche personal lines motor broker Footman James, based in the West Midlands, has denied the company is for sale, despite market sources saying the owner of Open and Direct's parent company private equity house Alchemy has been looking for offers from brokers. An Alchemy spokesman told Professional Broking: "As a private equity firm we will be looking to make an exit at some stage either through a trade sale or an initial public offering, however, it is
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