Hyperion buys Windsor from management

The Lloyd's building

Hyperion Insurance Group has bought Windsor from the management and employees and their institutional backer Hutton Collins Partners for £95m.

For the year ended December 2011 Windsor, an international Lloyd's broking group, reported total income of £37.5m and an EBITDA of £12m which has doubled in the last five years.

Hyperion, owners of Howden, confirmed that the combined London broking business will be led by Windsor CEO John Bennett, reporting to Tim Coles, CEO of Howden Broking Group.

Hyperion chief executive David Howden said: "Windsor is a very successful Lloyd's broking group that we have known well for many years. They have a

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