Direct Group in £40m MBO
Derek Coles has successfully led the management team of Direct Group, a provider of corporate and affinity services to the insurance sector, in acquiring the business in a £40 million deal with the backing of mid-market private equity firm LDC.
Based at sites in Doncaster and Halifax, Direct Group provides a range of value-added services to insurers and corporate partners, including policy administration and fulfilment, commission management
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