PIB's McManus lifts the lid on Erskine Murray lockdown deal
The CEO tells Insurance Age how the deal came about and discusses plans for the future and how the pandemic is slowing the buying process down.
The pandemic has slowed down the deal-making process, according to PIB chief executive officer Brendan McManus.
PIB bought Erskine Murray last week, and McManus explained that the due diligence process had taken a while because it had to be done remotely as a result of the pandemic.
Explaining how the deal came about, McManus said: “It coincided with the beginning of the lockdown, Tom called to say he was interested in selling the business and was I interested in investing in it? Of course I
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