Giles buys Carrick Neill

GILES Insurance Brokers has bought Carrick Neill & Co, an Edinburgh-based rival, for an undisclosed sum. Giles, which already has 13 offices in Scotland, received a £500 million investment earlier this year from Charterhouse, a private equity firm. The UK-wide company, which was formed in 1967, said it is on the lookout for further acquisitions. Carrick Neill, which operates from offices in Manor Place, was founded by David Carrick and David Neill in 1994. The full article contains 79 words and appears in The Scotsman... [read full story]