Marsh Networks announced a deal with Shawbrook Bank to help its network members secure bank loans to fund mergers and acquisitions or to sell their businesses.
As part of the arrangement, Marsh Networks will introduce Shawbrook to broker members seeking to make acquisitions or sell their businesses. In addition, broker members will have access to specialist mergers and acquisitions consultancy support throughout the entire process, at due diligence, implementation and integration stages. They will also have access to additional consultancy support such as bank liaison and oversight, compliance and human resource services.
Marsh Networks, part of Jelf, comprises Marsh ProBroker, Purple Partnership, and Bluefin Network – three of the UK’s leading insurance networks – which collectively serve more than 270 firms across the country’s independent broking community.
Shawbrook is a specialist UK savings and lending bank for small and medium-sized (SME) companies and individuals in the UK.
David Hopwood, head of Marsh Networks, said the deal allows its broker members to develop their growth strategy at a time of “buoyant M&A activity.”
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