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Towry Law acquired by JS&P

Brokerage Towry Law has been bought for £37m by JS&P Holdings, a fee-based wealth management, financial planning and employee benefit firm owned by private equity funds managed by Palamon Capital Partners. The transaction is subject to UK regulatory approval and is expected to complete in March 2006.

Towry Law comprises an independent financial advisory and an insurance broking business offering products and services to individuals and corporate clients in the UK.

Over the last four years Towry

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