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  5. CBC UK Acquires PBS Insurance

M&A Deal Summary

CBC UK Acquires PBS Insurance

On July 2, 2018, CBC UK acquired insurance company PBS Insurance

Acquisition Highlights
  • This is CBC UK’s 1st transaction in the Insurance sector.
  • This is CBC UK’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2018-07-02
Target PBS Insurance
Sector Insurance
Buyer(s) CBC UK
Deal Type Add-on Acquisition

Target

PBS Insurance

Jersey, United Kingdom
PBS Insurance Ltd. is a general insurance broker that provides a dynamic and well-connected (London market and key insurance underwriters) service to financial institutions (inc. personnel), their client companies, individual clients, and high net worth individuals.

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Buyer(S) 1

Buyer

CBC UK

London, United Kingdom
Category Company
Sector Insurance
DESCRIPTION

CBC UK is a Retail and Wholesale Lloyd's Insurance Broker, offering a wide range of services to commercial and personal clients as well as broking solutions to intermediaries. CBC UK is based in London, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2018 M&A 1 of 1
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