M&A volume grows in 2019 but mid-sized targets scarce

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Exclusive: The number of UK insurance distribution mergers and acquisitions rose from 82 in 2018 to 93 last year, driven by a surge in deals valued under £5m, industry specialists Imas Corporate Finance has revealed.

However, the number of transactions in the £5m to £100m value range, including in the traditional consolidation sweet spot of £5m to £25m, actually fell in the period.

The annual review from the

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