Romero posts £3m profit
Romero Insurance Brokers has reported £2.93m of post-tax profit in truncated results as it shifted its financial year end after being bought by AssuredPartners.
The deal for AssuredPartners to buy Leeds-based Romero Group, which included Romero Insurance Brokers, Sentient Group and Club Insure, in its largest ever acquisition was revealed in November 2023.
A filing at Companies House for Romero Insurance Brokers confirmed it went through on 1 December.
GrowthThe broker previously published figures with a financial year end of April.
In the full year to April 2023 Romero Insurance Brokers had achieved a 31% rise in post-tax profits to £5.04m and a 24% surge
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