Giles aims for £1bn after Charterhouse hands over £500m warchest
Giles Insurance Brokers has been given a £500m warchest after being acquired by private equity firm Charterhouse Capital Partners.
Giles’ previous private equity investors, Gresham Private Equity, has sold its minority stake as part of the deal. The deal value is undisclosed. With Charterhouse’s backing Giles said it will be able
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