Inflexion-backed Bollington Wilson acquires Watson Laurie
Inflexion Private Equity portfolio company Bollington Wilson has acquired insurance broker Watson Laurie.
The firm supported the acquisition with fresh equity; it is the fourth bolt-on the company has made in 2020.
Inflexion led the buyout and simultaneous merger of Bollington Insurance Brokers and Wilsons Insurance Brokers in 2017 to create Bollington Wilson Group. It drew funds from Inflexion Buyout Fund IV, which offers equity tickets of £15-75m.
The firm will continue to support the insurance broker in its growth plans, according to a statement.
Company
Watson Laurie is a Macclesfield-based corporate insurance broker specialising in corporate risk, property, construction, European commercial real estate financing, latent defects insurance, SME schemes and other niche areas. It was founded in 1988.
People
Bollington Wilson – Paul Moors (CEO).
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