CCV takes minority stake in construction broker
Cullum Capital Ventures has announced the purchase of an undisclosed minority stake in specialist construction broker Morgan Law. Based in Ipswich, the business has a gross written premium approaching £20m and has built a strong reputation in the handling of large construction-based risks.
Tim Johnson, chief executive of CCV, said: "Our investment in Morgan Law extends our reach in terms of both geography and specialist expertise. The deal we have structured works well for both the
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