Add-on Acquisition • Insurance

CBC UK Acquires PBS Insurance

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

Acquisition Context

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

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M&A Deal Summary
Date	July 2, 2018
Target	PBS Insurance
Sector	Insurance
Buyer(s)	CBC UK
Deal Type	Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer	#
Overall	1 of 1
Sector: Insurance	1 of 1
Type: Add-on Acquisition	1 of 1
Country: United Kingdom	1 of 1
Year: 2018	1 of 1

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Insurance M&A - Add-on Acquisition M&A Deals - United Kingdom M&A - 2018 M&A