Articles FSP advises Finch on acquisition of Citymain Insurance Services

A team at FSP led by Senior Partner Ian Wood-Smith have advised Finch Commercial Insurance Brokers on the business purchase of Citymain Insurance Services, a boutique Hampshire broker.

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Ian Wood-Smith

Ian Wood-Smith

Citymain focuses predominantly on commercial business but with a strong high net worth client base.

Vincent Gardner, Finch’s managing director said: “We are delighted to have acquired Citymain Insurance Services, our first acquisition as part of the Broker Network Partner strategy.

“It was vitally important to purchase a quality broker that complements our existing operation and has natural synergies.”

Ian Wood-Smith was assisted on the transaction by corporate solicitor Duncan Kay.

Vincent Gardner said of FSP’s involvement:

“We were very pleased with FSP’s ability to manage the transaction in a timely manner. Duncan Kay ensured the deadline we had set was complied with and provided effective commercial advice.”