Private equity-backed broker holding company DR&P Group added a managing general agent to its roster in 2022, buying 80% of MGIC Holdings, the business has
Broker holding company DR&P Group made five acquisitions in 2021 after private equity house Inflexion invested in the business and secured funding from Ares
Insurance Age
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Inflexion has made an investment into corporate insurance broker David Roberts & Partners Group.
The private equity firm stated that the investment is being made by Inflexion Enterprise Fund V, its lower mid-market fund.
The move follows Inflexion’s sale of Bollington to Gallagher at the start of the year. At the time, Inflexion partner Carl Wormald told
Insurance Age that the PE house would be looking to build up another UK regional broker.
Growth
DR&P, based in the North of England
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