CCV snaps up Paul Scully in second acquisition of 2010

CCV has acquired Paul Scully Insurance Brokers for an undisclosed sum.

The consolidator, whose major shareholder is Towergate chairman Peter Cullum, snapped up the East Sussex broker last week – its second acquisition this year.

Paul Scully, which specialises in personal lines, will retain its brand and premises, and become affiliated to neighbouring CCV business, Crawford Davis.

Business founder Paul Scully will retire, while Dominic Taylor stays on to run the business alongside Crawford Davis managing director Joe Simmons and his staff.

CCV chief executive Michael Rea said: “We consider each deal on its merits and … are happy to facilitate the differing requirements of the two principals while assuring the staff and clients of continuity.”