Romero explores sale options as consolidators circle

Leeds

Romero, one of the UK’s largest independent brokers, is exploring sale options, Insurance Age understands.

A number of trade buyers and private-equity backed brokers have run the numbers on the business and weighed up making a move, sources told Insurance Age.

US broking giant Acrisure has been touted as one of the frontrunners to buy the Leeds-based business. Aon and Gallagher UK have also been linked with the business.

Acrisure has been expanding rapidly across the world, last year securing a $725m (£595.30m) equity funding which valued the business at $31bn.

The UK arm, led by Mark McIlquham

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