GRP expands northern base with Thomas Sagar

UK broker consolidator Global Risk Partners (GRP) has acquired
Thomas Sagar Insurances for an undisclosed sum.
The acquisition came after GRP secured £200mn ($283.7mn) in
additional capital from Ares Capital Europe and HSBC in December to
fund more deals. This isGRP's acquisition number 23, more than half of which were
signed in 2017.
Burnley-based Thomas Sagar employs 24 people and wrote £9mn
in gross written premiums (GWP) last year. Directors John and Susan
Meadows will continue t