UK-based equity firm to acquire two insurance brokers

U.K.-based private equity firm Inflexion Private Equity Partners L.L.P. plans to acquire local insurance brokers Bollington Insurance Brokers Ltd. and F. Wilson (Insurance Brokers) Ltd., City A.M. reported. Inflexion plans to merge the two firms after the acquisition and create Bollington Wilson Group, which will generate gross wrgitten premiums of more than £120 million ($157 million) per year. Paul Moors, former chief executive at Bollington, will continue as CEO of the newly combined business.

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