{"id":3106,"date":"2022-01-06T14:01:00","date_gmt":"2022-01-06T14:01:00","guid":{"rendered":"https:\/\/www.marshberry.com\/eu\/?p=3106"},"modified":"2025-07-07T20:39:40","modified_gmt":"2025-07-07T20:39:40","slug":"december-2021-uk-market-monthly-ma-review","status":"publish","type":"post","link":"https:\/\/www.marshberry.com\/eu\/blog\/december-2021-uk-market-monthly-ma-review\/","title":{"rendered":"December 2021 UK Market Monthly M&#038;A Review"},"content":{"rendered":"\n<p>Covid continues to impact all our lives and often in ways we did not expect (Boris will have his own views on this). Aside from the Lending sector, in which transaction volumes continued to decline partly as a result of a drop in the number of transactions in the Payments sector,&nbsp;M&amp;A activity remained buoyant across the financial services last year.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/mcusercontent.com\/0826ff0c1f6d6550a203a6a01\/images\/8d3bf70d-a555-5673-50f5-45b3432d9f06.png\" alt=\"\"\/><\/figure>\n\n\n\n<p>The most striking feature of the chart above is the big jump in M&amp;A activity in Q1 2021, as private owners of (mainly) insurance brokers looked to pre-empt a much-touted \u2013 but ultimately never enacted \u2013 increase in the rate of Capital Gains Tax. The Investment sector, possibly better tuned into issues around tax, took \u2013 correctly as it turned out \u2013 a much more sanguine view.<\/p>\n\n\n\n<p>One cannot read the business pages without seeing a reference to some private equity firm tabling another multi million (or billion) pound deal for a UK business. Collectively, as buyers they have enormous influence, either by purchasing businesses directly, or indirectly, by providing new capital to firms that are themselves consolidating smaller units in particular sectors.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/mcusercontent.com\/0826ff0c1f6d6550a203a6a01\/images\/bc0e53e6-2fc1-96a7-c150-860a36d2972a.png\" alt=\"\"\/><\/figure>\n\n\n\n<p>Despite significant fluctuations in the levels of overall Financial Services M&amp;A activity their market share has remained almost entirely unchanged over the past three years, with an involvement as buyers in just over 50% of all transactions (by volume).<\/p>\n\n\n\n<p>Further analysis is given at the bottom of this email but it remains very much a first look. In the next couple of months we will be producing more detailed reports on 2021 M&amp;A in Insurance Distribution and the Investment sectors. Suffice is to say increased valuations helped stimulate deal activity and we will be looking at recent valuation trends in greater detail in our reports.<\/p>\n\n\n\n<p>That said, if you would like to gain a greater understanding of current sector valuations and how these relate to your own company, please do not hesitate to contact me or one of my colleagues.<\/p>\n\n\n\n<p><strong>Insurance<\/strong><\/p>\n\n\n\n<p>The final month of 2021 proved relatively quiet in terms of UK Insurance M&amp;A but marked the end of a busy quarter for sector M&amp;A volumes, in a year in which just under 40% of all announced M&amp;A (by volume) happened in the first quarter.<\/p>\n\n\n\n<p>There were two notable transactions in the commercial motor segment, with insurtech&nbsp;Humn.AI&nbsp;acquiring fleet insurance MGA&nbsp;Walsingham Motor Insurance, and Pollen Street-backed&nbsp;Markerstudy&nbsp;acquiring&nbsp;Clegg Gifford, the long-established Lloyd\u2019s broker best known for its motor trade expertise and taxi insurance, where it operates as Westminster Insurance.<\/p>\n\n\n\n<p>Markerstudy&nbsp;did not stop there however, also announcing the biggest transaction of the month with its acquisition of&nbsp;BGL Insurance, the insurance arm of Comparethemarket owner BGL Group, in a deal worth a reported \u00a3400m.<\/p>\n\n\n\n<p>Elsewhere in broking M&amp;A,&nbsp;Howden&nbsp;announced that it had acquired&nbsp;Ross Insurance Group, credit insurance and surety specialist&nbsp;Xenia Broking&nbsp;(part of Nexus Underwriting) acquired&nbsp;Peter Hill Credit &amp; Financial Risks&nbsp;in Northampton, Global Risk Partner hub business&nbsp;Alan &amp; Thomas&nbsp;acquired&nbsp;BIG Insurance&nbsp;in Bournemouth, and Northern Irish broker&nbsp;Dickson &amp; Co.&nbsp;announced the acquisition of&nbsp;Morrison Associates. Howden-owned&nbsp;Aston Lark&nbsp;also continued its steady stream of acquisitions \u2013 ending 2021 with more than 20 new UK deals \u2013 with the acquisitions of both&nbsp;Mainstay Insurance&nbsp;in East Sussex and the client book of&nbsp;Choice Benefits, a Private Medical Insurance specialist in Lancashire.<\/p>\n\n\n\n<p>Finally, the Preservation Capital-backed consolidator&nbsp;Optio Group&nbsp;announced that it had acquired the W&amp;I specialist MGA&nbsp;Brockwell Capital.<\/p>\n\n\n\n<p><strong>Investment<\/strong><\/p>\n\n\n\n<p>abrdn&nbsp;agreed to buy&nbsp;Interactive Investor, in a deal worth \u00a31.49bn. The platform will operate as a standalone business within abrdn\u2019s \u201cpersonal vector\u201d division. Nasdaq-listed&nbsp;Morningstar&nbsp;acquired Australian-listed&nbsp;Praemium\u2019s&nbsp;operations in the UK, Jersey, Hong Kong, and Dubai for a cash consideration of \u00a335m.<\/p>\n\n\n\n<p>In the asset management sector, FTSE 250-listed&nbsp;Liontrust&nbsp;Asset Management&nbsp;agreed to acquire&nbsp;Majedie Asset Management&nbsp;for an initial \u00a380m, plus an additional deferred consideration of up to \u00a340m. The deal, due to complete next April, will increase Liontrust\u2019s AUM by \u00a35.8bn to more than \u00a342.3bn, and boost its position in the institutional market.&nbsp;Schroders&nbsp;acquired a 75% shareholding in London-based renewable infrastructure manager&nbsp;Greencoat Capital, adding \u00a36.7bn in AUM, for an initial consideration of \u00a3358m.&nbsp;Premier Miton&nbsp;and&nbsp;AssetCo&nbsp;were granted extensions until 18 January to make their formal bids for&nbsp;River and Mercantile&nbsp; which runs \u00a34.4bn in assets. It was also reported that the private equity group,&nbsp;CVC Capital Partners, is mulling a stock market listing, that could value the business up to \u00a311bn.<\/p>\n\n\n\n<p>In the wealth management space,&nbsp;Canaccord Genuity Group&nbsp;agreed to acquire&nbsp;Punter Southall Group\u2019s&nbsp;wealth business for a cash consideration of \u00a3164m. The deal includes the intermediary-facing brand Psigma. Digital wealth manager&nbsp;Moneyfarm&nbsp;bought&nbsp;Wealthsimple\u2019s&nbsp;UK business book, adding \u00a3272m in AUM to its existing \u00a32bn. IFA consolidator&nbsp;Independent Wealth Planners&nbsp;has bought&nbsp;Throgmorton Wealth Management&nbsp;adding \u00a3135m of AUA. National advice firm&nbsp;Succession Wealth&nbsp;acquired&nbsp;Bankhouse Financial Management&nbsp;(\u00a3211m AUA) and&nbsp;JCF Financial Services&nbsp;(\u00a3151m AUA), bringing its total AUA to \u00a38.4bn.<\/p>\n\n\n\n<p>Elsewhere in the sector,&nbsp;XPS Pensions Group&nbsp;acquired the business of&nbsp;Michael J Field Consulting Actuaries&nbsp;to further develop its self-invested personal pension (SIPP) business. Michael J Field is a self-invested personal pension (SIPP) and small self-administered scheme (SSAS) provider based in Manchester.<\/p>\n\n\n\n<p>In the fintech sector,&nbsp;FNZ&nbsp;officially offloaded its&nbsp;GBST&nbsp;and agreed to reacquire the latter\u2019s capital markets division from global private equity fund&nbsp;Anchorage Capital Partners&nbsp;and London-based&nbsp;Akoni Hub&nbsp;was acquired by insurtech group&nbsp;Stubben Edge. The deal will see Akoni\u2019s cash management service added to Stubben Edge\u2019s insurance and financial services products.<\/p>\n\n\n\n<p><strong>Lending<\/strong><\/p>\n\n\n\n<p>In a quiet end to the year,&nbsp;Amigo Holdings&nbsp;provided an update on its redress proposals, subject to Court and creditor approval, based on two alternative schemes of arrangement: a preferred \u2018New Business Scheme\u2019 contingent on new lending restarting and a successful equity raise of at least \u00a370m, or a \u2018Wind-Down Scheme\u2019.<\/p>\n\n\n\n<p>Monzo&nbsp;was reported to have closed a funding round of $475m from new investors including&nbsp;Abu Dhabi Growth Fund.&nbsp;Bumper, the buy now, pay later provider, raised $12m in a Series A funding round from investors led by&nbsp;Autotech Ventures, Jaguar Land Rover\u2019s fund&nbsp;InMotion Ventures&nbsp;and&nbsp;Porsche Ventures.<\/p>\n\n\n\n<p>There were also maiden acquisitions by&nbsp;Monese&nbsp;and&nbsp;OakNorth.&nbsp;Monese&nbsp;announced the acquisition of&nbsp;Trezeo, broadening its credit and lending proposition for the self-employed.&nbsp;OakNorth&nbsp;announced it had agreed to acquire&nbsp;Fluidly, a cashflow forecasting service for SMEs.<\/p>\n\n\n\n<p>Elsewhere,\u00a0NatWest Group\u00a0announced that it had signed a legally binding agreement with\u00a0Permanent TSB\u00a0for the sale of c. \u20ac7.6bn of gross performing loans (comprising non-tracker mortgages, micro-SME loans and Ulster Bank Ireland\u2019s asset finance business) as at 30 June 2021 and 25 branch locations.<\/p>\n\n\n\n<p>*IMAS Corporate Finance LLP has been acquired by MarshBerry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Covid continues to impact all our lives and often in ways we did not expect (Boris will have his own views on this). Aside from the Lending sector, in which transaction volumes continued to decline partly as a result of a drop in the number of transactions in the Payments sector,&nbsp;M&amp;A activity remained buoyant across [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":3674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[],"mu_industry":[49,50],"class_list":["post-3106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-m-a","mu_industry-insurance","mu_industry-investment"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>December 2021 UK Market Monthly M&amp;A Review - MarshBerry<\/title>\n<meta name=\"description\" content=\"News &amp; Views on Mergers &amp; Acquisitions, Strategies and Trends from the experts at MarshBerry.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"December 2021 UK Market Monthly M&amp;A Review\" \/>\n<meta property=\"og:description\" content=\"News &amp; Views on Mergers &amp; Acquisitions, Strategies and Trends from the experts at MarshBerry.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marshberry.com\/eu\/blog\/december-2021-uk-market-monthly-ma-review\/\" \/>\n<meta property=\"og:site_name\" content=\"MarshBerry Europe\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/MarshBerry\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-06T14:01:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-07T20:39:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2024\/01\/MBI_WhiteFlower-scaled.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Caroline Emmet\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@MarshBerryInc\" \/>\n<meta name=\"twitter:site\" content=\"@MarshBerryInc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Caroline Emmet\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"Article\",\n\t            \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/blog\\\/december-2021-uk-market-monthly-ma-review\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/blog\\\/december-2021-uk-market-monthly-ma-review\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Caroline Emmet\",\n\t                \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/#\\\/schema\\\/person\\\/6dbf7b5f9b4ad950d0d804b136fd298c\"\n\t            },\n\t            \"headline\": \"December 2021 UK Market Monthly M&#038;A Review\",\n\t            \"datePublished\": \"2022-01-06T14:01:00+00:00\",\n\t            \"dateModified\": \"2025-07-07T20:39:40+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/blog\\\/december-2021-uk-market-monthly-ma-review\\\/\"\n\t            },\n\t            \"wordCount\": 1240,\n\t            \"commentCount\": 0,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/blog\\\/december-2021-uk-market-monthly-ma-review\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/01\\\/MBI_WhiteFlower-scaled.jpeg\",\n\t            \"articleSection\": [\n\t                \"M&amp;A\"\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/blog\\\/december-2021-uk-market-monthly-ma-review\\\/\",\n\t            \"url\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/blog\\\/december-2021-uk-market-monthly-ma-review\\\/\",\n\t            \"name\": \"December 2021 UK Market Monthly M&A Review - MarshBerry\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/blog\\\/december-2021-uk-market-monthly-ma-review\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/blog\\\/december-2021-uk-market-monthly-ma-review\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/01\\\/MBI_WhiteFlower-scaled.jpeg\",\n\t            \"datePublished\": \"2022-01-06T14:01:00+00:00\",\n\t            \"dateModified\": \"2025-07-07T20:39:40+00:00\",\n\t            \"description\": \"News & Views on Mergers & Acquisitions, Strategies and Trends from the experts at MarshBerry.\",\n\t            \"breadcrumb\": {\n\t                \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/blog\\\/december-2021-uk-market-monthly-ma-review\\\/#breadcrumb\"\n\t            },\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/blog\\\/december-2021-uk-market-monthly-ma-review\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/blog\\\/december-2021-uk-market-monthly-ma-review\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/01\\\/MBI_WhiteFlower-scaled.jpeg\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/01\\\/MBI_WhiteFlower-scaled.jpeg\",\n\t            \"width\": 2560,\n\t            \"height\": 1707,\n\t            \"caption\": \"Closeup of a white flower pedicularis in the mountains in Bavaria Germany\"\n\t        },\n\t        {\n\t            \"@type\": \"BreadcrumbList\",\n\t            \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/blog\\\/december-2021-uk-market-monthly-ma-review\\\/#breadcrumb\",\n\t            \"itemListElement\": [\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 1,\n\t                    \"name\": \"Home\",\n\t                    \"item\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/\"\n\t                },\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 2,\n\t                    \"name\": \"December 2021 UK Market Monthly M&#038;A Review\"\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/\",\n\t            \"name\": \"MarshBerry\",\n\t            \"description\": \"Realize your firm\u2019s value with consulting services for the wealth management and insurance agency markets from MarshBerry. Our advisors are experts in brokerage consulting and can help you with M&amp;A advisory services, debt &amp; equity capital raising, and more. MarshBerry advisors will create a customized approach to help you obtain your business goals. Contact MarshBerry today!\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/#organization\"\n\t            },\n\t            \"alternateName\": \"MarshBerry Europe\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/#organization\",\n\t            \"name\": \"MarshBerry\",\n\t            \"url\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/10\\\/marshberry-footer-logo.png\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2023\\\/10\\\/marshberry-footer-logo.png\",\n\t                \"width\": 400,\n\t                \"height\": 97,\n\t                \"caption\": \"MarshBerry\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"sameAs\": [\n\t                \"https:\\\/\\\/www.facebook.com\\\/MarshBerry\",\n\t                \"https:\\\/\\\/x.com\\\/MarshBerryInc\",\n\t                \"https:\\\/\\\/www.linkedin.com\\\/company\\\/marshberry-europe\\\/\",\n\t                \"https:\\\/\\\/www.instagram.com\\\/marshberry_inc\\\/\"\n\t            ],\n\t            \"description\": \"Realize your firm\u2019s value with insurance agency consulting services from MarshBerry Europe. We are experts in brokerage consulting and can help you with M&A advisory services, debt & equity capital raising, and more. Our insurance agency consultants will create a customized approach to help you obtain your business goals. Contact MarshBerry Europe today!\",\n\t            \"email\": \"marshberry@marshberry.com\",\n\t            \"telephone\": \"+31-20-218-7800\",\n\t            \"legalName\": \"IMAS Corporate Finance LLP\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/www.marshberry.com\\\/eu\\\/#\\\/schema\\\/person\\\/6dbf7b5f9b4ad950d0d804b136fd298c\",\n\t            \"name\": \"Caroline Emmet\",\n\t            \"image\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8f1c85f6452c3bc3093781fa1a16c034dd768ed71247f9b352f140bb9b66bdba?s=96&d=mm&r=g\",\n\t                \"url\": \"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8f1c85f6452c3bc3093781fa1a16c034dd768ed71247f9b352f140bb9b66bdba?s=96&d=mm&r=g\",\n\t                \"contentUrl\": \"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8f1c85f6452c3bc3093781fa1a16c034dd768ed71247f9b352f140bb9b66bdba?s=96&d=mm&r=g\",\n\t                \"caption\": \"Caroline Emmet\"\n\t            }\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"December 2021 UK Market Monthly M&A Review - MarshBerry","description":"News & Views on Mergers & Acquisitions, Strategies and Trends from the experts at MarshBerry.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"December 2021 UK Market Monthly M&A Review","og_description":"News & Views on Mergers & Acquisitions, Strategies and Trends from the experts at MarshBerry.","og_url":"https:\/\/www.marshberry.com\/eu\/blog\/december-2021-uk-market-monthly-ma-review\/","og_site_name":"MarshBerry Europe","article_publisher":"https:\/\/www.facebook.com\/MarshBerry","article_published_time":"2022-01-06T14:01:00+00:00","article_modified_time":"2025-07-07T20:39:40+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2024\/01\/MBI_WhiteFlower-scaled.jpeg","type":"image\/jpeg"}],"author":"Caroline Emmet","twitter_card":"summary_large_image","twitter_creator":"@MarshBerryInc","twitter_site":"@MarshBerryInc","twitter_misc":{"Written by":"Caroline Emmet","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marshberry.com\/eu\/blog\/december-2021-uk-market-monthly-ma-review\/#article","isPartOf":{"@id":"https:\/\/www.marshberry.com\/eu\/blog\/december-2021-uk-market-monthly-ma-review\/"},"author":{"name":"Caroline Emmet","@id":"https:\/\/www.marshberry.com\/eu\/#\/schema\/person\/6dbf7b5f9b4ad950d0d804b136fd298c"},"headline":"December 2021 UK Market Monthly M&#038;A Review","datePublished":"2022-01-06T14:01:00+00:00","dateModified":"2025-07-07T20:39:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marshberry.com\/eu\/blog\/december-2021-uk-market-monthly-ma-review\/"},"wordCount":1240,"commentCount":0,"publisher":{"@id":"https:\/\/www.marshberry.com\/eu\/#organization"},"image":{"@id":"https:\/\/www.marshberry.com\/eu\/blog\/december-2021-uk-market-monthly-ma-review\/#primaryimage"},"thumbnailUrl":"https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2024\/01\/MBI_WhiteFlower-scaled.jpeg","articleSection":["M&amp;A"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marshberry.com\/eu\/blog\/december-2021-uk-market-monthly-ma-review\/","url":"https:\/\/www.marshberry.com\/eu\/blog\/december-2021-uk-market-monthly-ma-review\/","name":"December 2021 UK Market Monthly M&A Review - MarshBerry","isPartOf":{"@id":"https:\/\/www.marshberry.com\/eu\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marshberry.com\/eu\/blog\/december-2021-uk-market-monthly-ma-review\/#primaryimage"},"image":{"@id":"https:\/\/www.marshberry.com\/eu\/blog\/december-2021-uk-market-monthly-ma-review\/#primaryimage"},"thumbnailUrl":"https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2024\/01\/MBI_WhiteFlower-scaled.jpeg","datePublished":"2022-01-06T14:01:00+00:00","dateModified":"2025-07-07T20:39:40+00:00","description":"News & Views on Mergers & Acquisitions, Strategies and Trends from the experts at MarshBerry.","breadcrumb":{"@id":"https:\/\/www.marshberry.com\/eu\/blog\/december-2021-uk-market-monthly-ma-review\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marshberry.com\/eu\/blog\/december-2021-uk-market-monthly-ma-review\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marshberry.com\/eu\/blog\/december-2021-uk-market-monthly-ma-review\/#primaryimage","url":"https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2024\/01\/MBI_WhiteFlower-scaled.jpeg","contentUrl":"https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2024\/01\/MBI_WhiteFlower-scaled.jpeg","width":2560,"height":1707,"caption":"Closeup of a white flower pedicularis in the mountains in Bavaria Germany"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marshberry.com\/eu\/blog\/december-2021-uk-market-monthly-ma-review\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marshberry.com\/eu\/"},{"@type":"ListItem","position":2,"name":"December 2021 UK Market Monthly M&#038;A Review"}]},{"@type":"WebSite","@id":"https:\/\/www.marshberry.com\/eu\/#website","url":"https:\/\/www.marshberry.com\/eu\/","name":"MarshBerry","description":"Realize your firm\u2019s value with consulting services for the wealth management and insurance agency markets from MarshBerry. Our advisors are experts in brokerage consulting and can help you with M&amp;A advisory services, debt &amp; equity capital raising, and more. MarshBerry advisors will create a customized approach to help you obtain your business goals. Contact MarshBerry today!","publisher":{"@id":"https:\/\/www.marshberry.com\/eu\/#organization"},"alternateName":"MarshBerry Europe","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marshberry.com\/eu\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.marshberry.com\/eu\/#organization","name":"MarshBerry","url":"https:\/\/www.marshberry.com\/eu\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marshberry.com\/eu\/#\/schema\/logo\/image\/","url":"https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2023\/10\/marshberry-footer-logo.png","contentUrl":"https:\/\/www.marshberry.com\/eu\/wp-content\/uploads\/sites\/2\/2023\/10\/marshberry-footer-logo.png","width":400,"height":97,"caption":"MarshBerry"},"image":{"@id":"https:\/\/www.marshberry.com\/eu\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/MarshBerry","https:\/\/x.com\/MarshBerryInc","https:\/\/www.linkedin.com\/company\/marshberry-europe\/","https:\/\/www.instagram.com\/marshberry_inc\/"],"description":"Realize your firm\u2019s value with insurance agency consulting services from MarshBerry Europe. We are experts in brokerage consulting and can help you with M&A advisory services, debt & equity capital raising, and more. Our insurance agency consultants will create a customized approach to help you obtain your business goals. Contact MarshBerry Europe today!","email":"marshberry@marshberry.com","telephone":"+31-20-218-7800","legalName":"IMAS Corporate Finance LLP"},{"@type":"Person","@id":"https:\/\/www.marshberry.com\/eu\/#\/schema\/person\/6dbf7b5f9b4ad950d0d804b136fd298c","name":"Caroline Emmet","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/8f1c85f6452c3bc3093781fa1a16c034dd768ed71247f9b352f140bb9b66bdba?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8f1c85f6452c3bc3093781fa1a16c034dd768ed71247f9b352f140bb9b66bdba?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8f1c85f6452c3bc3093781fa1a16c034dd768ed71247f9b352f140bb9b66bdba?s=96&d=mm&r=g","caption":"Caroline Emmet"}}]}},"acf":[],"_links":{"self":[{"href":"https:\/\/www.marshberry.com\/eu\/wp-json\/wp\/v2\/posts\/3106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marshberry.com\/eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marshberry.com\/eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marshberry.com\/eu\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marshberry.com\/eu\/wp-json\/wp\/v2\/comments?post=3106"}],"version-history":[{"count":0,"href":"https:\/\/www.marshberry.com\/eu\/wp-json\/wp\/v2\/posts\/3106\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.marshberry.com\/eu\/wp-json\/wp\/v2\/media\/3674"}],"wp:attachment":[{"href":"https:\/\/www.marshberry.com\/eu\/wp-json\/wp\/v2\/media?parent=3106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marshberry.com\/eu\/wp-json\/wp\/v2\/categories?post=3106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marshberry.com\/eu\/wp-json\/wp\/v2\/tags?post=3106"},{"taxonomy":"mu_industry","embeddable":true,"href":"https:\/\/www.marshberry.com\/eu\/wp-json\/wp\/v2\/mu_industry?post=3106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}