Abacai’s Day Insure pursued for £500,000 plus by M&A advisory firm

Mergers and acquisitions

Financial advisory firm Imas is seeking at least £500,000 from Day Insure in a suit that has revealed Aviva, PIB, Pikl, Sabre and Vantage were all in the frame to buy the broker.

Imas has lodged a claim in the London Circuit Commercial Circuit court against Day Insure, which was bought by Sun Capital Partner’s Abacai in March of last year. The purchase came shortly after it

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