Cullum Capital Ventures (CCV) has bought Lincolnshire-based broker Lincsure.

Lincsure will be rolled into King's Lynn-based Fenton Insurance Solutions, also owned by CCV.

The company said that Lincsure directors Jim Regan and Sarah Woods will stay with the business.

CCV chief executive Michael Rea said: "I am pleased to have concluded the purchase of Lincsure, and I'm delighted that Jim and Sarah will be joining our local broker Fentons in Kings Lynn."

Regan said: "For us the time was right to sell our business, but as an owner you do feel protective of the business you've created and a sense of loyalty to your clients.

"This has been eased by the knowledge that another local broker with access to some very strong markets and a good service ethic will be incorporating them into their business."

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