DWF has advised Inflexion Private Equity on the simultaneous buyout and immediate merger of Bollington Insurance Brokers (“Bollington”) and Wilsons Insurance Brokers (“Wilsons”). The new structure, Bollington Wilson Group, will generate annual gross written premiums in excess of £120m and will be among the UK’s leading independent insurance brokers.
International legal business DWF has advised Inflexion Private Equity on the simultaneous buyout and immediate merger of Bollington Insurance Brokers (“Bollington”) and Wilsons Insurance Brokers (“Wilsons”). The new structure, Bollington Wilson Group, will generate annual gross written premiums in excess of £120m and will be among the UK’s leading independent insurance brokers.
Focused on niche products across the U.K., Bollington and Wilsons operate complementary product lines in commercial and personal insurance. The group will focus on U.K. expansion, creating a diversified platform from which to accelerate growth through scale and add-on acquisitions. The businesses will continue to trade under their independent brands, capitalising on their heritage and strong reputations. Customer service is paramount and their combined customer base will benefit from an increased range of products and wider choice of blue-chip insurers.
Capitalising on Inflexion’s track record in acquisitive growth and the fragmented nature of the insurance broker market, Inflexion will help create significant value through a buy and build programme. Working closely with Paul Moors and John Wilson, respectively CEO and Chairman of Bollington Wilson Group, Inflexion will help to digitally enhance and integrate operations; this will create a strong platform to support acquisitions and embed customer service excellence.
The DWF team was led by DWF National Head of Private Equity, Jonathan Robinson, partner Alasdair Outhwaite, senior associates Vicky Ross and James Cashman and solicitor Matthew Judge.
Jonathan Robinson said: "We are delighted to have worked with Inflexion Private Equity on this complex and exciting transaction which demonstrates DWF's extensive M&A experience in the insurance broking sector. We look forward to seeing Paul Moors, John Wilson and the Inflexion team capitalise on the opportunities that the enhanced scale will bring to the businesses."