Henderson Insurance Brokers (HIBL) Ltd has announced the acquisition of Branch Insurance Brokers.
Branch have operated from Sunderland for 30 years, have a long established quality clientele and the operation will complement HIBL’s presence in the North East.
In keeping with its policy of strategic acquisitions, Joe Henderson said, “I am delighted to welcome Larry Branch and his staff to the Henderson Group. HIBL’s prime growth is organic and whilst this approach continues very successfully. We will always consider opportunities such as Larry’s business”
2 further purchases are in the pipeline, together with significant investment in the existing business. HIG’s budgeted revenue for the current year is £35M.