In February 2017  the Group subscribed for a 35% stake in Paladin NewCo Limited, which in turn acquired 100% of the equity in CBC UK Limited (“CBC”).

Established in 1985, CBC 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. The Group assisted in an MBO of CBC allowing Management to buy out a major shareholder.