A Greater Manchester insurance firm has been acquired by leading independent broker Bollington Wilson.
The deal for Bolton-based Watson Laurie is an undisclosed sum, and Bollington's fourth acquisition this year, expanding its offering and strengthening its regional presence.
The deal was supported by private equity firm Inflexion, which has worked to help Bollington's expansion since 2017.聽
Paul Moors, group chief executive of Sale-based Bollington Wilson, said: 鈥淭his is a tremendous opportunity to bring together two fantastic businesses.
鈥淲e鈥檝e long admired Watson Laurie as an entrepreneurial, well-run insurance broker with an impressive portfolio of specialisms that are highly complementary to our own.
鈥淭his acquisition helps to cement our position as one of the 海角视频鈥檚 largest independent insurance groups.鈥
Watson Laurie, which manages over 拢25m in annual premiums, was founded in 1988, and its specialisms include corporate risks, property and construction.
