Three insurance industry professionals have bought one of Hampshire's largest established independent insurance brokers, Stackhouse Poland.
Jeremy Cary, James Agnew and Keith Hester, who were all previously senior executives with the two major global brokers Aon and Marsh, have bought the 100% shareholding in the business from Michael Poland.
The new owners said they planned to develop the Liphook-based company into "a pre-eminent private client boutique broker in the UK", as well as expand its niche corporate and charity specialisation.
Cary, who will assume the role of managing director, said he believed that by combining the company's core strength of personal client service with a new injection of sales and marketing skills, it would achieve dynamic growth.
He said: "We will achieve our medium term goals through high quality distribution partnerships and acquisitions, and by providing the right environment for high quality insurance professionals to operate."
The current management team will remain with the company, as does its non-executive chairman, Peter Poland.