Partners& deal prices revealed

Long-term incentive

Partners& paid out £15.2m for five purchases made in the year ended 31 March 2023, a filing at Companies House has revealed.

In the financial year the firm entered the Scottish market buying MacDonald Group adding 50 staff, offices across Scotland, and £20m of gross written premium to the business.

RelatedPartners& boosts turnover by 54% and cuts operating loss by nearly two-thirds 

The deal, completed in May 2022, cost Partners& £12.3m which it paid for with £8.3m in cash and £4m in shares, the document detailed.

In the period Partners& also snapped up Albany Insurance Services, Insure Scotland, and as revealed by Insur

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Meet the MGA: Kayzen Specialty

Kayzen Specialty founder and CEO Charles Boorman explains to Jonathan Swift his plans for the MGA to be a go-to market for financial lines through continuous improvement across its three pillars of broker-centric, underwriter-fronted and tech-focused.

Konsileo seals £8m fundraise

Top 100 insurance broker Konsileo has completed an £8m fundraise to accelerate its expansion across the UK, Insurance Age can reveal.

i-Wonder delivers on fast food

i-Wonder, provider of niche insurance comparison website solutions, has confirmed the adoption of its offering for the UK fast food delivery sector by “one of” the UK’s main aggregators, Insurance Age can reveal.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: