Controlling shareholder close to hiring Evercore to handle auction
High street broker A-Plan is planning a sale that could value the company at £300m, Sky News reports.
The broker’s controlling shareholder, private equity group Equistone, is close to hiring advisory firm Evercore Partners to oversee an auction of the company, Sky News said.
A-Plan, founded in the 1960s, sells home, motor and commercial insurance through 70 branches.
In 2008, Equistone backed a management buy-out of A-Plan, under which the broker’s management team acquired a 32% stake in the business.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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