Towergate backers add Price Forbes to new broker combo

Private equity firms HPS Investment Partners and Madison
Dearborn Partners are to merge their UK regional broking businesses
into a single operation, setting Price Forbes alongside Towergate.The firms concerned also include Ryan Direct Group, health
broker Chase Templeton and van insurance broker Autonet. They will
continue to operate independently but they will be housed within a
single holding company named KIRS, which will launch in Q3.
Lloyd's broker Price Forbes and Autonet join the cohort