PIB Group Limited (‘PIB’) has successfully completed the acquisition of Cooper Solutions Ltd who provide a portfolio of online solutions for the retail automotive industry, including a market leading daily rate insurance product provided through PIB-owned Cooke & Mason. The news follows PIB’s recent acquisitions of CMR Solutions Ltd and Sue Smith Ltd.
PIB Group Limited (‘PIB’) has acquired CMR Insurance Services Ltd (‘CMR’) and Sue Smith Ltd. They follow the acquisitions of the COBRA group of companies (‘COBRA’) as well as Ireland-based Optis Insurance Ltd, earlier this year.
PIB Group Limited (‘PIB’ or the ‘Group’) has released its financial results for the year ended 31 December 2018 with the filing of its statutory accounts. The Group has also secured the support of several new lenders to refinance its existing term loan facility and raised an additional committed acquisition facility.
PIB Group Limited (‘PIB’) has acquired The COBRA group of companies (‘COBRA’), subject to FCA regulatory approval. This is PIB’s 20th investment since 2016 and follows on from PIB’s acquisition of Optis Insurances Ltd in Ireland earlier this year.
PIB Group (‘PIB’) has acquired Optis Insurances Limited (‘Optis’), a Managing General Agent based in Ireland servicing the Irish SME sector. This is the 19th acquisition made by PIB and forms part of its European growth plans.
PIB Group has featured in this year’s Insurance Age Top 100 Independent Brokers 2018, being place in the £500m to £749.99m band – moving up two bands from last year.
Two days after announcing its purchase of Albany Childcare, PIB Group (‘PIB’) has today confirmed that it has acquired Wheatley Wright Insurance Services Limited (WWGroup) and its underwriting arm (Online Risk Solutions Limited).
PIB Group (PIB) has acquired i2 Healthcare, a leading independent specialist corporate healthcare intermediary based Birmingham. The move comes 14 days after the group announced that it has acquired Lincsafe (Health & Safety) Limited.