Sale of Murray & Spelman Group


Pegasus Capital has advised one of Ireland’s largest independent insurance brokers, Murray & Spelman group, on the sale of the business to Arachas Corporate Brokers Ltd. Murray & Spelman group, comprising Murray & Spelman Ltd. and Murray & Spelman (Kildare) Ltd., is one of Ireland’s largest independent insurance brokers. From its offices in Galway and Kildare, it offers a range of insurances to personal and commercial customers. The Murray & Spelman and Arachas businesses are highly complimentary with similar cultures and values and the acquisition will strengthen Arachas’ position in Murray & Spelman’s core markets in the West of Ireland and Kildare.
Year: 2019
Sector: Financial Services
Terms: Not disclosed