Preservation Capital to invest in CPRI broker Berry Palmer & Lyle

Private equity steadfast Preservation Capital Partners (PCP) has agreed to get a number involvement successful UK-based insurer Berry Palmer & Lyle (BPL).

The worth and precise size of this involvement stay undisclosed.

BPL specialises successful recognition and governmental hazard security (CPRI).

In a statement, the institution said the concern volition enactment its beingness arsenic an independent, employee-owned institution astatine the “forefront” of the CPRI space.

PCP managing spouse Jatender Aujla volition go portion of the BPL board, portion the existing enactment squad volition stay successful place.

Aujla said: “We person been pursuing BPL’s market-leading show implicit a fig of years and person been impressed by its outstanding maturation and unparalleled reputation.

“BPL has consistently demonstrated marketplace enactment and an unwavering committedness to delivering worth to its clients. Our concern underscores PCP’s strategy of partnering with best-in-class businesses led by exceptional absorption teams, and we look guardant to supporting BPL’s adjacent signifier of growth.”

The woody is owed to beryllium completed successful the 4th fourth of 2025 (Q4 2025), contingent connected regulatory approvals and different modular closing conditions.

With the enactment of the PCP network, and acquisition arsenic specializer investors successful fiscal services, BPL aims for continued growth, the institution added.

BPL laminitis Charles Berry said: “BPL lone became afloat employee-owned astir a decennary aft it was founded, erstwhile the PRI marketplace was inactive embryonic. Now the CPRI marketplace has matured, with a wide absorption and maturation trajectory, it is clip to revert to our origins by partnering with outer number shareholders, portion retaining bulk employee-ownership and our specialisation.

“But PCP doesn’t conscionable connection america fiscal firepower – it besides lends america the skillsets of an exceptionally dynamic radical of banking and strategical operational experts. I person nary uncertainty that we person recovered the champion acceptable for BPL – a continuation of the concern we built, portion enabling it to purpose higher and unlock the benignant of opportunities that our squad deserves.”

In June 2024, BPL partnered with Allianz Trade to present an exertion programming interface (API)-powered enquiry system.

This system, developed for usage connected the Whitespace integer trading platform, aims to heighten the ratio of information sharing betwixt underwriters and brokers.

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