GRP acquired Lancashire-based 3XD.

GRP, an investment vehicle aimed at insurance brokers and managing general agents trading in the UK, acquired Lancashire-based 3XD, an insurance intermediary. Financial terms were not disclosed. CEO of 3XD David Fulluck said: "We are very excited by the opportunity for 3XD within GRP and the growth prospects being part of a large group brings. I firmly believe that the ownership model applied by GRP, where we as owners can create value from our work, but continue to hold a stake in 3XD and help drive the business forward, is hugely compelling and a reason why their acquisition track record is so powerful.”