Inflexion to sell Bollington Wilson
Inflexion is to sells Bollington Wilson, an independent UKinsurance brokers, to US listed Arthur J Gallagher.
Bollington Wilson was created in 2017 with the support of Inflexion following the merger of two long- standing North-West insurance brokers, Bollington Insurance Brokers and F Wilson Insurance Brokers.
The Group has since grown organically and via strategic acquisition and is now the largest independent broker in the North of England, operating across seven offices and employing more than 400 people. It provides its clients with a holistic product offering complemented by several niche market specialisms and operates across a range of distribution channels, leveraging a nationwide team of specialist account managers and a leading digital proposition. Since 2017, Inflexion has helped Bollington Wilson make several strategic and value accretive acquisitions which have expanded its product offering and strengthened its regional presence.
Simon Turner, Managing Partner, Inflexion says: “Bollington Wilson has delivered impressive growth over the past three years. Paul and the team successfully integrated two businesses and then embarked on an ambitious buy-and-build strategy which led to Bollington Wilson becoming a real leader in the UK independent insurance brokerage space. We would like to wish Paul and his team all the best for their future growth.”
The transaction is subject to regulatory approval and is expected to close in the first quarter of 2021.