£127m deal was approved by broker’s shareholders

Brightside’s shareholders have approved a takeover of the company by private equity firm AnaCap.

The private equity house made an offer of 25p a share in May, valuing the broking group at £127m.

Trading in Brightside shares is scheduled to be suspended on 24 July, with a full de-listing from the AIM stockmarket taking place the following day.

Brightside was the subject of a failed takeover bid by insurance group Markerstudy last year.

Talks broke down when Markerstudy lowered its offer price to between 20p and 22p a share from the original offer of 27p a share.

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.
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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