Insurance Age
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“Everyone else has been at the party so we thought we should join in,” Howard Lickens CEO of Clear Group laughed when asked about its two acquisition deals which were announced yesterday (10 March).
Since
Insurance Age kicked off its Deal Tracker for 2021 there have been no fewer than 31 broker buys.
This morning Clear Group added to that with its purchases of Luker Rowe, based in Amersham, and HIA International which is located in Coventry.
The move follows its acquisition of Brokerbility in
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Insurance Age
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Consolidators are likely to start buying each other within the next 18 months, according to John Nisbet, partner at IMAS Corporate Finance.
Analysis from IMAS published last month showed that UK consolidators are running out of M&A targets as a result of there being few businesses left of a size and scale to “move the dial” for them.
“The last lever they’ve got to pull and what we will see is the consolidation of the consolidators, and by that I mean the smaller consolidators giving way to the
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