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Announced

Completed

Right Choice completed the acquisition of Moorhouse Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Domestic

Single Bidder

insurance brokerage

United Kingdom

Private

Friendly

Majority

Insurance Brokers

Completed

Synopsis

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Right Choice, a provider of vehicle insurance services, completed the acquisition of Moorhouse Group, a provider of insurance brokerage services. Financial terms were not disclosed. “The Moorhouse Group is well known and respected in the commercial insurance marketplace and the contractaquote.com brand gives us huge opportunities to grow and develop online distribution for SME customers," Mike Joseph, Right Choice Holdings CEO.

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