Assured Partners snaps up Romero Group in ‘largest acquisition to date’

Acquisitions

Summary

Leeds-based Romero is a broking group that controls over £100m of gross written premium (GWP) and employs 205 staff across five regional offices. David Heathfield, chief executive of Assured Partners UK and Ireland, said: “It’s not just the scale of Romero that sets it apart from its independent peers, but the way in which the business has been structured to ensure clients receive an unrivalled level of service from placement to claims advocacy. ”Our largest acquisition to date, the addition of Romero to our growing group is a key milestone in our expansion plans and the combination of these two powerful brands will create better solutions for our clients and provide great opportunities for all staff. “I would like to pay testimony to my staff and management team who have given me 100% at all times, we have and continue to achieve greatness in every area we operate in,” he added. ”Our constant drive for change and growth is in built in our DNA and we needed a partner that we could continue to flourish our entrepreneurial spirit.

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