Turner Parkinson’s Corporate team have acted on the buyout and merger of two insurance brokers in the North West.
Focused on niche products across the UK, Cheshire-headquartered Bollington Insurance Brokers and Old Trafford-based Wilsons Insurance Brokers operate complementary product lines in commercial and personal insurance. The new structure, Bollington Wilson Group, will generate annual gross written premiums in excess of £120m.
The team advised Gareth Hooper and John Wilson on the transaction. Wilson commented “There are many opportunities across commercial and personal insurance broking that can be enhanced by increased scale. The merger of Bollington and Wilsons creates a compelling platform from which to realise those opportunities.”
This deal was also highlighted by Insider.