While bigger worldwide and personal equity-backed brokers may get probably the most headlines with regards to mergers and acquisitions, they aren’t the one companies seeking to purchase. Martin Friel seems to be on the emergence of a bunch of smaller unbiased firms that want to complement their natural progress with the odd dabble into M&A.
Hear the phrase consolidation and ideas instantly flip to the likes of Ardonagh, Howden and Brown & Brown. And for good motive as these three companies alone account for lots of of acquisitions over the past decade.
They might be grabbing the headlines however they aren’t the one ones shopping for up brokers. A rising pattern is rising on the smaller finish of the market the place brokers and appointed representatives are hitting the acquisition path too.
Final yr, we noticed an explosion in consolidation exercise
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