Associated Planners are on the hunt for small to medium size acquisitions, following Zurich’s purchase of a 30 per cent stake in the group.
Associated Planners sales and marketing director Steve Currie says the group is looking to expand the group’s national reach by both organic growth and through purchases of small to medium sized dealer groups.
“There are a number of opportunities for Australian acquisitions, which fits into our national approach,” he says.
Currie, who remains tight-lipped on any pending acquisitions, says the group is committed to growing all areas of the business.
Zurich’s 30 per cent stake in Associated Planners was only bedded down a few weeks ago after reaching heads of agreement 10 months prior to signing the final deal. Currie says the only major changes the deal will present is the addition of two Zurich executives on the Associated Planner board.
“There will be no structural changes whatsoever. The processes and planners will continue [unchanged],” he says.
