Private equity (PE)
Prism Network targets recruitment drive after £2m boost
Disaster recovery and repair provider Prism Network has secured a £2m investment fund.
Sabre snapped up by private equity group BC Partners
Sabre has been bought by BC Partners, according to reports.
Goldman Sachs in talks over major bid for Hastings
An arm of Goldman Sachs is in advanced talks concerning a potential bid for a major stake in Hastings Insurance, according to reports.
Former RSA supremo Haste in Co-op insurance arm bid
Former RSA chief executive Andy Haste is reportedly leading a bid to buy the insurance arm of the Co-op group.
Hastings Insurance planning stake sale
Hastings Insurance Group is considering selling a minority stake in the business, according to reports.
Towergate confirms £396m bond offering rate
Towergate has announced the pricing of £396m of debt, in the form of senior secured notes due in 2018.
Equity makes "critical first step" towards profitability with twin promotion
Equity Insurance Group has unveiled two high-level promotions with Tim Yorke assuming the newly-created role of chief operating officer and Peter Smith named as claims director.
Charterhouse looking to sell Giles majority stake
Private equity group Charterhouse has reportedly begun looking for buyers for its majority stake in Giles.
Private equity house takes "significant stake" in Validus
Private equity house LDC is set to take a "significant stake" in motor claims business Validus-IVC.
IAG's results dented by UK performance
Insurance Australia Group's (IAG) half-year 2012 results were knocked by the performance of its recently-sold UK business.
IAG exits UK market with Equity and broker sales
Insurance Australia Group (IAG) has confirmed the sale of Equity Red Star and its independent commercial brokers including Barnett & Barnett and NBJ in two separate deals.
Growing SMEs: Room to manoeuvre
Small businesses are often subject to rapid change and growth, and it is essential that brokers and insurers understand how radically their risk profiles can evolve.
Ex-RSA chief leading Direct Line bid
Andy Haste, former chief executive of RSA, is leading a private equity consortium making a bid for Direct Line Group.
Homeserve rejects buyout offer
Homeserve has reportedly rejected a private equity approach from groups Cinven, KKR and Apax.
Private equity targeting Direct Line
Direct Line Group is being targeted by private equity specialists ahead of any flotation, according to recent reports.
Personal Lines Broking: Challenges on the horizon
After facing multiple threats that promised doom and gloom, personal lines brokers are ready to face down further challenges coming their way
RBS approached by private equity firm over Direct Line sale
Direct Line's parent company Royal Bank of Scotland (RBS) has received an informal expression of interest from a new private equity firm, according to the FT.
QBE buys Brit’s UK regional business
QBE has announced the purchase of Brit’s renewal rights for the UK regional operations business with the transaction expected to be completed on 13 April.
A&A Group in management buyout
Darwin Private Equity has entered into an agreement to acquire The A&A Group and Hyperformance Limited in a management buyout.
Private equity hungry for insurance investment
More than two thirds (68%) of private equity houses plan to invest in the UK financial services market in the coming year, particularly in insurance and banking, according to a Grant Thornton report.
Chartis' gives private equity policy a makeover
Chartis has enhanced its policy for private equity (PE) and venture capital (VC) firms, as it seeks to meet both existing and new threats in the changing economic and regulatory environment.
The consolidator bubble: refunding lessons
Tony Cornell reflects on the problems of excess capital in the market and the effect on long-term growth.
Management - investment - how to attract investment for your business
John Needham advises how brokers can identify opportunities and lure in potential investors
Video interview: Peter Cullum on Towergate's refinancing
Days after Towergate Partnership announced the completion of its refinancing and £200m investment from private equity firm Advent International, founder and chairman Peter Cullum CBE spoke to Post about what now lies ahead for the broker.