Insurance Post

Towergate confirms Towergate Financial sale

towergate-offices

SME giant Towergate has confirmed the sale of Towergate Financial to Palatine Private Equity, subject to Senior Secured Creditor consent and regulatory approval.

The £8.64m sale could have been completed in the fourth quarter of 2014, Towergate said, but the firm said was put on hold due to the consensual restructuring of the group.

Towergate now expects the

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