CBPE Capital completed the investment in DCL Group.

CBPE Capital, a private equity investment firm, completed the investment in Direct Commercial, a provider of motor insurance products. Financial terms were not disclosed. “I founded the business almost 20 years ago and we have seen strong growth and consistent profits for our capacity providers, whilst at the same time being at the forefront of product development and service levels for our policyholders and broker partners. In order to continue the businesses development, it was the right time to bring a supportive private equity partner into the business as shareholders. CBPE are experienced investors, with a strong financial services track record, and I look forward to our partnership over the next few years," Phil Cunningham, Direct Commercial CEO and Founder.