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Direct Group swoops for second 2012 acquisition with Simple purchase

deal-handshake

The Direct Group, a Doncaster-headquartered provider of outsourced services, has acquired Simple Insurance from Leeds-based UK General for an undisclosed sum.

Funding for the deal was provided as part of a £15m refinancing facility from Lloyds Bank Wholesale Banking and Markets Acquisition Finance.

Simple provides specialist insurance for landlords and

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