Tasker Ventures Limited (“TVL”) has acquired Maestro Insurance Services Limited (“MISL”).
Tasker Ventures Chief Executive Paul Tasker said “Maestro Insurance Services has been providing a quality and respected service in the North West for over 25 years. We have worked with them on many projects and are delighted to welcome them as the latest addition to the TVL group. We aim to continue investing in strong businesses, with ambitious management teams. We are able to provide and support exit strategies, development capital, buy outs and acquisitions.”
TVL is financed by funds managed by Alcuin Capital Partners, a leading growth capital investor.
MISL founder Steve Hepburn said “This is an excellent opportunity to expand Maestro Insurance Services. Paul Tasker has been a colleague of mine for over 15 years and has first hand knowledge of the Maestro culture. I am delighted to continue as a director working with Paul to manage and grow the business.”
The transaction was completed on 1st February 2012 having received FSA approval in 2011. Directors Stephen Hepburn and Ann Bowyer will continue to manage the firm.