Greenaway Scott (part of the GS Verde Group) have advised the management team of Wiltshire-based Advance Insurance Agencies on its sale to the acquisitive Jensten Group.
The deal is Jensten's second acquisition this year and forms part of a buy and build growth strategy focused on expanding its specialist capability.
Advance will form a centre of excellence for specialist personal lines within the group, enabling it to offer an expanded service to clients of its Coversure franchises and wholly owned broking operation.
Speaking on the completion of the deal: Leanne Thomas, Director at Greenaway Scott said: "We were delighted to advise Matt and the management team on their successful sale, and wish them every success for the future".
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Greenaway Scott is part of the corporate finance led deal-making GS Verde Group. The Group also consists of M&A specialists Verde Corporate Finance, PR & communications agency Dragonfly Marketing, the digitised investment platform Elevate investment network, and business financial management specialists Astrum Accountants.