TITLE

Growing Their Reach

AUTHOR(S)
Slavin, Al
PUB. DATE
September 2010
SOURCE
Best's Review;Sep2010, Vol. 111 Issue 5, p64
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the merger trend among the wholesale brokers such as the consolidation of Cooper Gay Holdings Ltd. and Swett & Crawford Inc. The merger represents further reshaping of the upper force of the wholesale broker sector. This trend is attributed to pressure from private-equity investors and technology investments. It notes that weak economy and soft pricing serve as a detriment to some sellers, though they enable wholesalers to seek growth through acquisitions.
ACCESSION #
53860634

 

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