Giles continues to spend equity cash
Giles Insurance Brokers has made Surrey-based Sutton Barnard its latest acquisition following the recent £500m private equity investment in the company.
Previously part of the Sutton Group of companies, Sutton Barnard was formed in 1994 and controls premium income of approximately £5m.
The firm, which has 31 staff currently reporting into its Godalming office, specializes in the motor trade, hotel, pub, bed and breakfast and printing industries.
The company was established and managed by Peter and Allison Barnard who are retiring as directors but will continue to operate as consultants under the firm’s new management structure.
Chris Giles
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