Broking group founder sells stake to management

Stuart Randall is stepping down as chief executive of Brokerbility and Brett & Randall following a management buyout (MBO).

The MBO will allow Randall to concentrate on new ventures but he will remain at both companies in an advisory role.

Randall sold his stake to existing shareholders and to the management in both broking group, Brokerbility, and Leicester-based broker Brett and Randall.

For more of this exclusive story, read this week’s issue of Insurance Times, out Thursday or online Wednesday.

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