GRP has purchased commercial insurance broker, Birrell Group for an undisclosed amount. Based in Leicestershire, the business comprises Kingsway Insurance Services and Bausor Hall Associates.

As part of the deal, the broker will continue to function as a stand alone brand within GRP and will become the group’s hub broker in the Midlands. Managing director Leigh Birrell and director James Birrell will remain with the business following completion.

Leigh Birrell said it was the right time for the firm to come under the GRP umbrella.

“We plan to further enhance our customer proposition, widen our footprint through acquisition and continue to drive organic growth,” he added. “With GRP’s support we are confident we will seek out a number of attractive acquisition targets and, in doing so, rapidly develop GRP’s presence in this part of the UK.”

Managing director of GRP group, Mike Bruce confirmed that, with this acquisition, the group’s retail division will be able to make further inroads in this market.

“We have been on the lookout for a high quality broker in the Midlands to become our hub business, and I am confident Leigh and James Birrell, and the Birrell Group, will play an important role in realising our plans to significantly boost our presence in this part of the UK.”

GRP was established in 2013 and is backed by private equity firm Penta Capital.

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