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Towergate Partnership today announced the acquisition of Private
Medical Insurance provider City & Suburban Health. As
part of the transaction, the current management and staff will be
retained under the leadership of Lee Birch, the current Managing
Director.
Established in 1997, City & Suburban focuses on the
provision of PMI cover for UK small to medium commercial
enterprises. This acquisition strengthens Towergate’s
healthcare capabilities where it continues to build its position as
a leading player in the PMI market.
Peter Cullum, Executive Chairman of Towergate said, “This is
another great signing for Towergate. This is the first of
several PMI acquisitions currently under discussion for completion
this year and will help position Towergate Healthcare as a leading
player in the PMI market.”
Lee Birch, Managing Director of City & Suburban Health said,
“We’re convinced that Towergate is the right home for our
business. Its plans for the PMI market are exciting and
closely match the needs of our clients who demand great products
combined with first class customer service.”
Media Contacts
Russell O’Connor
Towergate
Tel: 01622 656782
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