Integro in advanced talks to acquire Tysers

Private equity-backed broker Integro has entered exclusive
takeover talks with London market independent intermediary Tysers,
The Insurance Insider can reveal.
Banking sources told this publication that Integro had fought
off competition from long-term suitor RFIB and US wholesale giant
AmWins to secure exclusivity.
One banking source suggested that the purchase price was in the
region of £120mn ($159mn). Tysers reported Ebitda of
£10.6mn for calendar-year 2016, implying a trailing m