CEO David Howden hopes A-Plan will help attract UK brokers who do not want to join the "traditional aggregators" as it explores deals of all sizes.
QIC is also set to participate in the transaction, as Markerstudy says it plans to grow organically and through acquisitions.
The broking group says it has facilities of over £300m to support growth and acquisitions, as it looks to make more deals in the retail space and to grow its MGA arm, Dual.
The leader says brokers have become even more popular with private equity investors following Covid-19 as many have sustained performance and kept hold of revenue despite the pandemic.
PCH, which was bought by GRP last June, says it is committed to expanding the consolidator's healthcare operation.
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.
Who is making the most deals? Which regions are acquisition targets? Keep up-to-date with the latest in broker M&A with our dedicated tracker.
Canadian provider Intact and Danish insurer Tryg made a cash offer for RSA in November 2020.
David Heathfield, CEO of the US-based broker’s UK arm, discusses its recent deal to buy Borland Insurance and reveals ambitious UK growth plans.
Where does Gallagher’s buy of Bollington Wilson leave the independent broker space?
More than 100 staff are set to move across as A-Plan is set to become Howden’s retail flagship.
Borland is headquartered in Scotland and the deal follows AssuredPartners' purchase of Birmingham-based Hettle Andrews & Associates in 2019.
Partner Carl Wormald tells Insurance Age he is keen to build up another UK regional broker following the private equity provider's sale of Bollington Wilson to Gallagher.
The MGA specialises in construction and provides property and liability cover via UK brokers.
UK Retail boss Michael Rea discusses the thinking behind Gallagher’s deal to buy Bollington and confirms it is looking to make further acquisitions.
Headley brings over £13m in GWP to the Ethos-owned broker.
Bollington Wilson has been on the acquisition trail since 2019 and is believed to have GWP in the region of £250m.
The software house was bought by a Canadian firm in December as provider declines to comment.
Heath Crawford and Foster received investment from Peter Cullum-backed Minority Venture Partners three years ago.
Group CEO Paul Anscombe says the business is set to make acquisitions in the first half of the year, after pausing its deal-making plans in 2020 due to the pandemic.
The consolidator has purchased construction specialist UK & Ireland Insurance Services.
MGA confirms it is in discussions with Qatar Re after missing the deadline to pay back its near £200m loan, as it seeks fresh third party investment.
MD Adam Boakes discusses its most recent investment, working with Peter Cullum-backed Minority Venture Partners and how the pandemic has affected the business.
Howard Lickens will move to the role of executive chairman as former A-Plan MD, Mike Edgeley takes up the CEO mantle.