Announced
Completed
Synopsis
Ethos Broking-backed Thompson & Richardson, a provider of insurance broking services, pcompleted the acquisition of Johnstone Insurance Brokers, a company providing insurance agent and broker services for a range of insurance types. Financial terms were not disclosed. “Chris and the Thompson & Richardson directors are hugely ambitious and want to further develop the already strong position that they hold within Lincolnshire but are very mindful of purchasing the right brokerages which complement their offering. Johnstone Insurance Brokers ticks those boxes. I’m confident that thanks to a strong pipeline more deals across Ethos Broking will soon be announced," Vince Gardner, Ethos Broking M&A Director.
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