Peter Cullum-backed Minority Broker Partnerships has made a minority investment in Sturdy Edwards (Insurance Brokers) Ltd, which is based in East Grimstead and has been trading for more than 35 years. It serves both personal and commercial lines clients and annually places more than £3m in gross written premium.

David Epstein, director at Sturdy Edwards, said: “We’re excited to partner with MBP to support the next phase of our growth. Their market expertise and industry insight will be invaluable.

“This partnership allows us to maintain our core values of personal service and expert advice, while benefiting from the backing of a major independent investor in the insurance sector."

James McCaffrey, CEO of MBP, added: “We’re thrilled to invest in Sturdy Edwards – our third investment in six weeks. David and his team have built a high-quality brokerage with a loyal client base and a strong track record of service.”