The Towergate Partnership has announced the acquisition of Oxford-based Tait Conisbee Seymour Insurance Brokers (TCS).
TCS places £5.5m gross written premiums of commercial insurance.
Rod Graham and Graham Stephens will remain company directors with control of 14 staff.
The business will become the 91st acquisition of the combined Towergate Partnership group.
Towergate Partnership executive chairman Peter Cullum said: “The Towergate Partnership will control more than £1.1bn GWP when the merger completes, however our objective is to reach £2bn by the end of 2006.
“With a war chest of £150m and our current strong acquisition pipeline, I am confident we will achieve this target.”