Martin and Pethard, the Redditch-based insurance brokers, has acquired David Vaughan Insurance Brokers.

This is the third major acquisition made by Martin and Pethard this year.

David Vaughan said: "I strongly believe that being part of a larger brokerage will benefit our clients enormously in the longer term."

Martin and Pethard has retained both David Vaughan and his wife Stephanie as consultants.

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