Opinion: Going public

This publication's revelation that independent MGA Nexus isconsidering a public listing as part of its ongoing growth
strategy has raised more than a few eyebrows in the streets around
EC3.
Nexus has long been recognised as an ambitious player. Last
year, it quashed speculation that it would look for a full or
partial sale following CFC's high-multiple deal with Vitruvian
by lining up £26mn ($36mn) of debt from Ardonagh backer HPS
and £4mn from BP Marsh.
That debt allowed...