Options include a sale of the independent broker
Private equity firm Charterhouse Capital Partners has hired Credit Suisse to carry out a strategic review of broking group Giles, Insurance Times has learned.
Charterhouse owns 63.9% of Giles, and options on the table are believed to include a sale to a trade buyer or private equity house.
The company’s debts amounted to £241.7m on 31 August 2011, the most recent figures available.
Charterhouse paid £200m for its stake in Giles in 2008.
Credit Suisse and Charterhouse declined to comment.
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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