Seventeen Group acquires WPS.

Seventeen Group, a leading financial and insurance institution acquires Walker Persson & Spargo, a leading insurance brokerage firm in England. Financial terms were not disclosed. “WPS are a highly respected firm whom we know well. I have been truly impressed by their desire throughout our negotiations to grow their presence in the South West and to maintain their focus on client service. There are significant opportunities for Seventeen Group to develop our specialist sectors into the South West and to invest in the existing strengths of WPS. The joint opportunities will be in broking, underwriting and risk management." Paul Anscombe, Seventeen Group CEO.