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CCV acquires in Midlands

Following its first signing, Hertfordshire-based Moffatt Saunders in June of this year, acquisition vehicle Cullum Capital Ventures has completed the purchase of regional broker Richard V Wallis, which is based near Birmingham and controls £9m of commercial and personal lines premium.

Tim Johnson, chief executive of CCV, explained: “We have set ourselves some ambitious targets but we are determined to acquire only well established, high quality businesses as we grow. R V Wallis

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