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Direct Group is a specialist outsourced insurance administration business based in Doncaster.
The business operates across two of our preferred sectors: Support Services and Financial Services, and has delivered strong growth over the last few years. It is well positioned in its marketplace to ensure continuing growth.
Direct Group was sold to its management in a £40m secondary management buyout led by CEO, Derek Coles, and Commercial Director, Scott Hough. The sale delivered a money multiple of 2.5 times and an IRR of 28%.
* Gross Profit.