Investment firm acquires business protection broker to enter new market

Investment firm Pivotal Growth has entered a new market with the acquisition of Business Protection Solutions UK (BPS).

Based in Northern Ireland, BPS specialises in business protection broking and offers a range of products.

This includes shareholder protection insurance, key person insurance, relevant life plans and a full range of group private medical insurance.

Pivotal Growth said acquiring the firm aligned “with its commitment to delivering comprehensive and tailored financial services”.

Simon Embley, chief executive at Pivotal Growth, said “We are excited to welcome BPS into the Pivotal Growth family.

“This acquisition significantly strengthens our proposition by adding a specialist business protection capability that complements our existing services.

“BPS’s strong expertise in the business protection space presents a unique opportunity to diversify and grow our portfolio.”

Leadership team

BPS is led by managing director John McComiskey, who founded the business in 2010.

Pivotal Growth said the team’s “expertise, motivation and vision for expanding BPS’ reach will play a crucial role” in advancing its broader strategy.

McComiskey added: “We’re thrilled to be joining Pivotal Growth.

“With Pivotal Growth’s backing and our shared vision for growth, we are confident that BPS will continue to thrive and expand its reach in the business protection sector.

“This partnership will enable us to better serve our clients and offer them a wider range of financial solutions.”