Announced
Completed
Financials
Tags
Private Equity
Insurance Brokers
Private
Single Bidder
insurance intermediary
Acquisition
Completed
United Kingdom
Majority
Friendly
Synopsis
Beech Tree Private Equity completed its investment in Avid Insurance Services, a specialist insurance intermediary and managing general agent. Financial terms were not disclosed. "We are excited to be working with Stephen and the team at Avid. After getting to know a large number of companies in the market, we were able to quickly identify Avid as a stand-out performer. The business is well diversified after developing a number of long-term relationships with capacity providers and distributers and has a demonstrable track record for writing profitable business. The Management team have done a fantastic job in building the business to date and we are looking forward to supporting their plans for the future," Andy Marsh, BTPE Managing Partner.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.