GRP’s Mike Bruce on broker M&A speeding up in Covid-hit UK
The level of broker consolidation has risen again this year, says GRP’s group CEO Mike Bruce, as he predicts more investments to come from long-term investors with vendors keen to sell due to pandemic uncertainty, rumoured tax changes, strong valuations and flexible deal structures.
The Covid-19 pandemic has gripped the UK in a vice, but mergers and acquisitions in the broking sector continue to roll with the punches.
Aon’s acquisition of Willis Towers Watson was announced just
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