US private equity firm buys majority stake in broker Specialist Risk Group

acquisition (9)

SRG has a pipeline of acquisitions planned for next year on the back of its fresh investment

Specialist Risk Group is poised for a fresh spree of acquisitions after being bought by US private equity form HGGC.

Speaking to Insurance Times, chief executive Warren Downey said the firm has “big ambitions”, with acquisitions planned on the wholesale, retail, and MGA fronts following backing from its new investor.

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