Management buyout (MBO)
Davies and Garwyn tight-lipped on acquisition rumours
Loss adjusters Davies and Garwyn are refusing to be drawn on growing market speculation of an acquisition, with Davies as the senior partner.
CVC to acquire D&G in partnership with existing management team
CVC Partners is to acquire household appliance insurer Domestic & General Group in partnership with the existing management team.
Simply Business MBO to realise the ‘full potential’ of business
Simply Business chief executive Jason Stockwood has revealed the recent management buy out was prompted by a desire to clarify its shareholder structure.
Simply Business parts ways with Brit after completing MBO
Simply Business has finally completed a management buy-out with backing from European equity firm Ana Cap.
HBC Vehicle Services completes MBO from founder Terry Holding
The management team at HBC Vehicle Services has successfully completed a management buyout of the business from founder Terry Holding.
Initial Public Offerings: A good time to float
Following successful initial public offerings by Direct Line Group and Esure, many industry commentators believe market conditions are currently perfect for further flotations. So, is it time for others to go public?
Editor's comment: Biba fever sweeps the market
There must be something in the water – or maybe it is #BIBAFever setting in. Whatever it is, after a quiet start to the year, broker deals have suddenly started to liven up the market now the British Insurance Brokers’ Association conference is in our…
Broking Supplement: A simple plan
Keep the customer satisfied
Simply Business closes in on MBO as Brit CEO Cloutier admits u-turn over broker commitment
Simply Business is close to a deal which will see it separate from Brit Group through a management buyout, Postonline has learnt.
Barnett & Barnett reveals post-MBO rebrand
Barnett & Barnett and NBJ are rebranding as ICB Group from 1 May following their management buyout from IAG in December.
Lloyd’s members agency Alpha unveils new chairman following buyout
Lloyd’s members agency Alpha Insurance Analysts has appointed John Scott as non-executive chairman, subject to approval of both the Financial Conduct Authority and Lloyd’s.
GAB CEO Rigby hails "opportunities" after deal to rid adjuster of pension liabilities
Talks between GAB Robins, its benefit pension scheme trustees and The Pension Regulator have led to the elimination of the firm’s sponsorship of and liabilities for the closed scheme, in exchange for an “affordable consideration” plus a minority…
Bollington hires two account managers in Scotland
Bollington has secured further expansion within its Scottish operation with the appointments of two experienced account managers based in the region.
Is claims sector set for investment and M&A surge following latest LDC move?
Speculation is mounting that the claims market is ripe for further private equity investment and mergers after motor claims specialist Validus IVC completed a management buyout with backing from Lloyds Development Capital valuing the firm at £30m.
News Review: Winslow promoted in BGL reshuffle
Peter Winslow has been promoted to executive chairman of BGL Group and will be succeeded as chief executive by chief operating officer Matthew Donaldson, effective from 1 July.
Bollington announces completion of MBO
Bollington has formally separated from Groupama after concluding a management buy-out.
Success of Esure float boils down to accurate pricing in current market
Esure could err on the side of caution when it comes to pricing its stock as it aims to follow Direct Line Group onto the London Stock Exchange, analysts have suggested. The personal lines insurer confirmed plans to float as it revealed its 2011 result.
Post magazine – 14 February 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Moors-led management team completes Bollington MBO
The Bollington Group management team has this afternoon confirmed an agreement to buy a majority share in the firm.
Broking Focus: Cashflow Problem
Macquarie’s withdrawal from cashflow lending last year caught many brokers by surprise, but what has the impact been– and where do brokers look now for finance?
Stackhouse Poland completes LFC acquisition
Stackhouse Poland has increased its gross written premium "closer to the £100m barrier" with the acquisition of the business of LFC Insurance Brokers.
Silence on MBO as Bollington sees profit rise to £1.4m
Groupama-owned broker Bollington has reported that net profit in 2011 increased to £1.4m, compared with £985 176 in 2010.
Gregory becomes latest high-profile addition to CFC board following MBO
Newly independent CFC Underwriting has bolstered its board with another industry heavyweight in the form of former HSBC Insurance Brokers chief executive Philip Gregory.
Insurer-owned brokers: An endangered species?
The insurer-owned broker has become a permanent industry fixture in recent years, but a number of sales may have put the model in doubt. Are its days numbered?