Flock Acquired by Admiral | Financial Services M&A Deal

Admiral has completed the acquisition of Flock, a insurance brokerage business in the UK, for £80 million. Admiral acquires Flock to expand its insurance distribution and strengthen its financial services M&A footprint in insurance brokerage. Flock provides intermediary services that support policy placement and customer coverage needs, fitting Admiral’s strategic acquisition priorities. The deal is an add on acquisition and a strategic acquisition by a strategic buyer, classified as an add on acquisition within financial services M&A.