Richard Keen Insurance Brokers has acquired Pontypridd-based broker Vaughan Thomas and Company.
Richard Keen Insurance Brokers has acquired Pontypridd-based broker Vaughan Thomas & Company.
Richard Keen is a founder of Antur Insurance, which has made five acquisitions since its formation.
Vaughan Thomas will be incorporated in to Richard Keen's offices in Neath.
Keen said: "Having Vaughan remain with the company was a key factor in us making the decision to proceed. It is absolutely essential that we maintain continuity with our new clients."
Vaughan said: "The decision to sell Vaughan Thomas & Company after trading for 14 years was not taken lightly. I spoke to a number of prospective partners before making the right choice with Richard Keen, and I like the way the business is run there."
With Antur, Richard Keen revealed plans to push forward into the Wales broking market.
Antur managing director Gary Stephens said: "If small brokers in south-west Wales do not want to go through the pains of FSA regulation then we would like to talk to them.
"We expect to see extensive growth this year both from further acquisitions and the general increase in market rates."
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