Broker Network makes 20th acquisition

Broker Network has announced the acquisition of commercial insurance brokers Sullivan Garrett Ltd.

Swindon-based Sullivan Garrett has been a Member of Broker Network since June 2000. The Company is being purchased in line with the Group’s proven acquisition strategy.

Sullivan Garrett will join Broker Network Insurance Brokers, the Group’s UK wide retail operation. The Company will retain its brand identity, premises and staff and will continue to benefit from market leading business and insurer services, which provide access to improved terms and commissions in conjunction with the UK’s biggest insurers.

Malcolm Garrett, Director of Sullivan Garrett said: “Membership of Broker Network has lead us to believe that the Group is a trustworthy and well suited acquirer of our business. We strongly believe that Sullivan Garret will continue to flourish under the BNIB brand, with access to competitive insurer terms and day to day business support.”

Also commenting on the acquisition, Nigel Law, Managing Director of BNIB said: “AS BNIB continues to grow, we are of course delighted to be welcoming Sullivan Garrett to the Group, and look forward to quickly and efficiently integrating the Company into our thriving operation.”

Grant Ellis, Chief Executive of Broker Network Group, added: “We are pleased to see that our acquisition model remains both valid and robust, within an industry which is dominated by consolidation and change.has been a Member of Broker Network since June 2000. The Company is being purchased in line with the Group’s proven acquisition strategy.