Mergers & acquisitions (M&A)

JLT buys Iimia Wealth Management for £7.25m

Jardine Lloyd Thompson (JLT) Group has bought Iimia Wealth Management from Midas Capital for £7.25m in cash. The announcement follows news of talks originally reported on broking.co.uk in December.

Towergate buys broker

ProAktive Risk Group has opened a new Sheffield office after selling Rixon Matthews Appleyard to Towergate Risk Solutions

Passing it on

Edward Murray explains the options available for those thinking of selling up and how to plan for some of the more worrying issues that the process brings up.