Bollington set to buy after Wilson merger and organic growth
Documents show the Wilson price tag was £44.9m.
Bollington Insurance Brokers achieved an 8% uplift in turnover to £13.8m for the year ended 31 December 2017, according to documents filed at Companies House.
However post-tax profit dropped to £811,000 (2016: £1.29m) with the firm citing “significant restructuring costs” with the merger into a larger parent company.
During the period Bollington, backed by Inflexion Private Equity Partners, merged with F Wilson Insurance Brokers to create Bollington Wilson Group.
Profit
A separate filing for
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk