Daulby Read has announced the acquisition of Townsends Insurance Brokers in Prestatyn, with hopes to “grow the business with investment in people and systems”.
In a LinkedIn post the Chester based insurance brokers said the firm will “continue to trade” in Prestatyn under the Townsends Insurance Brokers name and with the same team. The insurance firm also stated that it will be looking to “grow the business with investment in people and systems” as well as “enhancing the product range”.
A separate statement on the insurance brokers social media site thanked the local partners, who assisted the company in the acquisition including, Iain Pemberton at Handelsbanken Chester and Edward Barnes and Fredrica Reid at DTM Legal LLP Chester.
Daulby Read also thanked Andy Herdman, Aneta Rhymes and Katie Nobes at Broker Network for the “help with the integration.”
The acquisition was made for an undisclosed sum.