Private equity (PE)
Tempcover eyes European expansion in 2020
CEO Alan Inskip explains how the firm has changed since its MBO in 2018 and what lies ahead.
B.P. Marsh invests £1m in Lloyd's broker Lilley Plummer
PE firm takes a 30% stake in the specialist marine broker.
Granite set to expand product offering
Broker is creating 300 new roles as it targets a GWP of £300m by the end of the year.
Ascent Underwriting and Cove Programs rebrand as Optio
Owner Preservation Capital Partners combined the two MGAs after buying US firm Cove earlier this year.
Granite to create 300 new jobs
Liverpool-based Granite, which sits behind Acorn, is set to expand following funding deal with Inflexion Private Equity earlier this year.
The Blog Spot: RIP Jelf, hello Marsh Commercial - what's in a broking brand?
As Marsh rebrands Jelf, Insurance Age content director Jonathan Swift reflects on the passing of another name heavily associated with noughties broker consolidation
Aston Lark completes £320m Goldman Sachs deal
The private equity provider is now majority owner of the broker.
Investment firm takes minority stake in Carrot owner
Trak Global Group reveals Three Hills Capital Partners will invest over £40m for a minority stake in the firm.
GRP exploring sale and reinvestment options
It is believed that the consolidator is seeking fresh investment that could see current investors, including Peter Cullum, have their stake diluted as backer Penta reaches the end of its traditional investment period.
PIB sets sights on long term investment deal
The recently re-financed business is aiming to find a longer-term backer in 2021.
Acquis backers Dunedin to pursue more insurance deals
Partner Oliver Bevan discusses the private equity firm’s plans for the insurance sector following its investments in Acquis and Kingsbridge
Blanc expects Goldman Sachs to invest in Aston Lark for 'at least five years'
Hastings relationship key to the deal.
Aston Lark confirms Goldman Sachs investment deal
Group CEO Peter Blanc says the transaction, which is believed to be worth around £320m, will secure the broker's independence for the foreseeable future.
Aston Lark on cusp of £320m Goldman Sachs investment
The long-rumoured deal is believed to be set to conclude in the next few days.
Specialist broker Acquis undertakes Dunedin-backed MBO
The move follows Dunedin’s 2016 investment in Kingsbridge.
Podcast: The top five news stories of the week
Siân Barton and Aara Syed discuss the most popular stories on Insurance Age this week.
Aston Lark "closing in" on new PE investment
CEO Peter Blanc says broker will remain independent as bids from three private equity firms have been received.
ERS sale dead as investor decides to stick with the motor insurer
Private equity owner Aquiline has completed a strategic review of the business.
Acturis reveals new minority shareholder
New backer replaces former investor Summit Partners and follows Insurance Age revealing last month that the software house was seeking fresh investment.
Acturis set to seek new minority PE investor
Summit Partners invested in June 2010.
Coversure poised to start M&A activity
Bob Darling says organic growth continues as demand for advice remains strong.
Aston Lark confirms bankers appointed
The business, currently funded by Bowmark Capital, is seeking additional investment to secure its longer term acquisition pipeline.
Granite to remain focused on organic growth
The business is not looking to buy following investment from Inflexion.
Inflexion takes minority stake in Granite Underwriting
Granite, which sits behind Acorn Insurance, specialises in niche motor cover.