All M&A articles – Page 66
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News
Towergate buys JW Group to boost Scottish portfolio
Towergate has acquired Scottish broker, JW Group Insurance & Risk Manage-ment, in an effort to kick start an acquisition programme north of the border.This deal will add a further seven offices to Towergate's Scottish portfolio, which currently only boasts two hubs in Paisley and East Kilbride.JW Groups controls premiums ...
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News
Giles looks south after Scottish snub
Takeover of Kerwin Smith boosts broker's premium income to £135m
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News Analysis
The golden key to distribution
The scramble for acquisitions in 2006 was triggered by the need to control distribution. Katy Dowell reports
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News
AA will 'float or be sold' staff warned
Staff told that private equity owners will dispose of business within a year
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News
Private equity buys Alea for £162m
Private equity firm Fortress Investment Group has made its first foray into the insurance market, acquiring ailing reinsurer Alea Group Holdings for £162m. In the past 18 months Alea, hit by losses from hurricane Katrina, has sold off its core business offerings and pursued an aggressive run-off strategy.Fortress,which has ...
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Online only
AXA buys Smart & Cook
AXA is understood to have bought Smart & Cook in a deal thought to be worth £170m. Although neither company would comment, market sources said senior staff at the Harrogate-based broker had been told of the sale. Other senior insurance executives also said that the deal had been agreed.The purchase, ...
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News
Footman James directors lose jobs after takeover
Two directors at Footman James will be made redundant following the broker's acquisition by Aon. The shake-up could see up to six other staff also face redundancy, the broker confirmed. Commercial director Mark Crawford and IT director David Bird are to be made redundant, according to the company, which was ...
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News
JLT acquires Pavilion for £6.65m
100% shareholding includes stakes of previously touted bidders Hiscox and Rock
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Online only
Royal & Sun eyes remaining stake in Codan
The insurer is considering a move to buyout its Scandinavian subsidiary.
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Online only
Capita buys CMGL
Capita Group has today acquired CMGL from Sovereign Capital Partners LLP for...
