Seventeen Group has announced overall group income of £31.2m for 2022, up 19% on the previous year. It said EBITDA of £6.4m for 2022 was up by 34% on the previous year. The firm completed 4 acquisitions during the year, and when taken into account, they boosted EBITDA to £7.6m.
Paul Anscombe, group CEO at Seventeen, said: “I am very pleased with the progress that Seventeen Group continues to make in a fast changing market. We have focused strongly on the underlying performance of the business as well as investing in new opportunities and acquisitions.
“Our successful strategy of acquiring complimentary, entrepreneurial businesses has continued in the current year with the acquisition of Aim Insurance Services, Mint Insurance Brokers, McGregor Insurance Services and Kestrel Insurance all joining the group. Further acquisitions are expected to complete in the coming months.”
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