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.
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 led the corporate team.
Vincent Gardner said of FSP’s involvement:
“We were very pleased with FSP’s ability to manage the transaction in a timely manner. FSP ensured the deadline we had set was complied with and provided effective commercial advice.”