Towergate limbers up for acquisition run

peter cullum new

Towergate Partnership has announced the appointment of Stephen Hinbest as head of acquisitions as it looks to strengthen its capability in this field.

Mr Hinbest will manage the acquisition team and report to group chief executive officer, Andy Homer.

According to the company, the move comes in response to an increasing number of brokers in sale discussions with Towergate. It recently announced an additional £90m acquisition fund following the completion of its long-term refinancing.

Chairman, Peter Cullum, said: "The acquisition market has been relatively slow in a landscape of great economic uncertainty, and brokers with recession-hit client

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