M&A deals hit £6bn in 2021
The latest annual review published by IMAS explains the "M&A frenzy" and warns of challenges ahead.
IMAS has revealed that 2021 saw the highest number of UK insurance distribution M&A transactions ever recorded with 145 deals adding up to more than £6bn.
The M&A expert’s annual review highlighted that in 2021 there were more than twice as many transactions valued at above £5m than in 2020 with 78 compared to 33.
According to IMAS, 12.5% of all UK insurance distribution businesses employing 10 or more staff were sold.
Due to the ‘M&A frenzy’, IMAS outlined that there are currently just under
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