Bluefin completes first acquisition in planned consolidation surge
Stuart Reid has acquired the general insurance business of Peterborough based G M Towns & Partners.
G M Towns was established in 1973 and has around 1,200 mainly commercial clients for whom it places around £5m in annual premiums.
In a statement, Bluefin said all seventeen employees would be invited to remain with the broker and the operation would continue to be based at its current premises in Priestgate.
Bluefin chief executive Stuart Reid commented: "We're an ambitious and growing organisation and are always looking for further acquisitions that will strengthen our regional presence.
"The
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