8th January 2021
Ataraxia backs new “Northern Powerhouse”
Ataraxia, with our new capabilities in partnership with MVP are delighted to have backed a merge of Alan Stevenson Partnership and Seacombe Insurance Brokers in Altricham, to form a new “Northern Powerhouse”.
This deal could be described as the “near perfect scenario” as our new investment, in partnership with MVP, reversed into the new merger; resulting in bolstering both brokers, allowing two directors to derisk, and provided the opportunity for other management to come in with a fresh shareholding.
We specialise in providing niche solutions to unique opportunities, and this deal showcases exactly how we can make those synergies work. Read more about this in the trade press – Insurance Times, Insurance Age